{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-052253","form_type":"8-K","ticker":"MPAA","cik":"0000918251","company_name":"MOTORCAR PARTS OF AMERICA INC","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.397399+00:00","generated_at":"2026-06-08T08:23:50.658671+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Motorcar Parts of America reports record Q2 sales $196.6M; net loss narrows to $2.0M","bullets":["Net sales $196.6M, up 14.0% YoY; record gross profit $41.1M, up 55.2%.","Net loss improved to $2.0M ($0.10/share) from $6.5M ($0.34/share) a year ago.","Cash from operating activities ~$15M; used liquidity to pay down $11.25M term loan.","Gross margin expanded to 20.9% from 15.4% on higher volume and price increases.","Interest expense rose $6.1M to $15.4M due to higher market rates."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-052253","json":"https://secwatch.observer/filing/0001140361-23-052253.json","markdown":"https://secwatch.observer/filing/0001140361-23-052253.md","text":"https://secwatch.observer/filing/0001140361-23-052253.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/0001140361-23-052253-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/ef20014092_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:23:50.658671+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4326a8a65b4f80f274e5558ec2df60c649fca6c4","claim":"MOTORCAR PARTS OF AMERICA INC reported the fiscal 2024 six-month period ended September 30, 2023 results: revenue $356.3 million, net income $3.4 million, EPS $0.17 per share.","evidence_excerpt":"Net sales for the fiscal 2024 six-month period increased 5.9 percent to a record $356.3 million from $336.5 million. Net loss for the fiscal 2024 six-month period improved to $3.4 million, or $0.17 per share, from a net loss of $6.7 million, or $0.35 per share, a year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/0001140361-23-052253-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal 2024 six-month period ended September 30, 2023"},{"label":"Revenue","value":"$356.3 million"},{"label":"Net income","value":"$3.4 million"},{"label":"EPS","value":"$0.17 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5b122fe54075779515bf4a7fd2aced3ba492bf24","claim":"MOTORCAR PARTS OF AMERICA INC reported the fiscal 2024 second quarter ended September 30, 2023 results: revenue $196.6 million, net income $2.0 million, EPS $0.10 per share.","evidence_excerpt":"Net sales for the fiscal 2024 second quarter increased 14.0 percent to a record $196.6 million from $172.5 million in the prior year. Net loss for the fiscal 2024 second quarter improved to $2.0 million, or $0.10 per share, from a net loss of $6.5 million, or $0.34 per share, a year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/0001140361-23-052253-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal 2024 second quarter ended September 30, 2023"},{"label":"Revenue","value":"$196.6 million"},{"label":"Net income","value":"$2.0 million"},{"label":"EPS","value":"$0.10 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}