secwatch.observer — SEC 8-K summary
======================================

Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0001171520-22-000334
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek reports record FY2022 sales $17.1M, net income $2.5M; projects record FY2023 sales
--------------------------------------------------------------------------------

- Net sales $17.1M (+16% YoY); net income $2.5M (EPS $0.16) vs $1.1M ($0.07) prior year.
- Backlog at year-end $5.3M, up 38% YoY; cash & equivalents $10.8M (highest ever), no debt.
- Gross margin improved to 50.3% from 47.2%; operating income up 41% to $1.9M.
- First quarter FY2023 on track for double-digit YoY growth; management projects another record sales year.
- Alternative energy sales up 72%, medical up 29%, electronics up 19% year-over-year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152022000334/0001171520-22-000334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152022000334/eps10275.htm
  HTML page:      https://secwatch.observer/filing/0001171520-22-000334

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