{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-031937","form_type":"8-K","ticker":"MPAA","cik":"0000918251","company_name":"MOTORCAR PARTS OF AMERICA INC","filed_at":"2026-08-10T11:58:29+00:00","discovered_at":"2026-08-10T12:00:04.355692+00:00","generated_at":"2026-08-10T12:00:11.812611+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Motorcar Parts Q1 net loss $13.4M; sales down 10.8% YoY, reaffirms FY guidance","bullets":["Net sales $168.0M vs $188.4M prior year (-10.8%); net loss $13.4M ($0.71/share) vs income $3.0M ($0.15).","Gross margin 16.2% vs 18.0%; hit by non-cash (2.4%) and one-time (1.6%) items plus $3.5M FX impact.","Reaffirms FY2027 net sales $780-800M and operating income $86-91M (excl. non-cash/one-time).","Renewed revolver credit facility with PNC Bank, maturity extended to August 2031; net bank debt $99.7M.","Repurchased 129,523 shares for $1.9M at avg $14.98; $20.1M remaining under authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-031937","json":"https://secwatch.observer/filing/0001140361-26-031937.json","markdown":"https://secwatch.observer/filing/0001140361-26-031937.md","text":"https://secwatch.observer/filing/0001140361-26-031937.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918251/000114036126031937/0001140361-26-031937-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918251/000114036126031937/ef20079233_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-10T12:00:11.812611+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"}