secwatch.observer — SEC 8-K summary
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Issuer:     TECHPRECISION CORP (TPCS)
CIK:        0001328792
Form:       8-K
Filed at:   2026-06-22T20:21:17+00:00
Accession:  0001104659-26-076403
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TechPrecision reports FY 2026 net loss of $1.6M, guides FY 2027 revenue $35-37M
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- Full-year revenue $31.6M (-7% YoY); gross profit $5.0M (+15%), margin +300 bps.
- Net loss of $1.6M improved 41% YoY; Q4 net loss $0.4M vs $0.1M net income prior year.
- Funded backlog $52.1M plus ~$25M unfunded purchase orders as of March 31, 2026.
- FY 2027 guidance: revenue $35-37M (+10% at midpoint), EBITDA $3-4M (+80%).
- Negative working capital of $0.4M due to debt covenant violations; total debt $6.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1328792/000110465926076403/0001104659-26-076403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1328792/000110465926076403/tm2618463d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-076403

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