secwatch.observer — SEC 8-K summary
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Issuer:     TECHPRECISION CORP (TPCS)
CIK:        0001328792
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001104659-26-016425
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TechPrecision Q3 net loss widens to $1.5M on 7% revenue decline; backlog $46M
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- Q3 revenue $7.1M (down 7% YoY); gross profit $0.4M (down 62%); net loss $1.5M vs $0.8M loss.
- Nine-month net loss improved to $1.2M from $2.9M; cost of revenue down 12%, gross profit up 72%.
- Backlog $46.0M as of Dec 31, 2025; expected delivery over 1-3 years with margin improvement.
- Cash $0.1M; working capital negative $0.5M; total debt $6.7M (down from $7.4M at Mar 31, 2025).
- Debt covenant violations cause all debt classified as current; negative working capital persists.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1328792/000110465926016425/0001104659-26-016425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1328792/000110465926016425/tm266574d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-016425

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer