{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-036287","form_type":"8-K","ticker":"MPAA","cik":"0000918251","company_name":"MOTORCAR PARTS OF AMERICA INC","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.348057+00:00","generated_at":"2026-05-31T11:31:36.982643+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Motorcar Parts posts Q1 net loss $18.1M vs $1.4M loss prior year; sales up 6.4% to record $169.9M","bullets":["Net loss $18.1M vs $1.4M loss a year ago; non-cash FX loss of $11.1M and $2.9M severance expenses.","Net sales record $169.9M (+6.4% YoY); gross profit $29.2M (+9.8%); gross margin 17.2% (up from 16.6%).","Cost-reduction initiatives expected to provide ~$7M in annualized savings; full-year outlook on track.","Two new directors nominated for election at Sep 5, 2024 annual meeting; board refreshment commitment."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-036287","json":"https://secwatch.observer/filing/0001140361-24-036287.json","markdown":"https://secwatch.observer/filing/0001140361-24-036287.md","text":"https://secwatch.observer/filing/0001140361-24-036287.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918251/000114036124036287/0001140361-24-036287-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918251/000114036124036287/ef20033577_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:31:36.982643+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}