---
schema_version: "secwatch.filing_event.v1"
accession: "0001171520-23-000180"
form_type: "8-K"
ticker: "SOTK"
cik: "0000806172"
company_name: "SONO TEK CORP"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T15:17:36.732895+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sono-Tek FY2023 revenue down 12%, net income drops 75% to $636K; backlog up 60% to $8.5M

## Summary
- Net sales $15.1M (-12% YoY); net income $636K ($0.04 EPS) vs $2.5M ($0.16 EPS) in FY2022.
- Backlog at Feb 28, 2023: $8.5M, a record high, up 60% from prior year.
- Gross margin improved to 50.8% from 50.3%; operating income fell 64% to $683K.
- Cash and equivalents $11.4M; no debt; capital expenditures $0.6M.
- Guidance: Q1 FY2024 sales slightly below Q4's $3.7M; full year expects positive growth as supply chain eases.

## SEC filing metadata
- accession: 0001171520-23-000180
- form_type: 8-K
- ticker: SOTK
- cik: 0000806172
- company_name: SONO TEK CORP
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/806172/000117152023000180/0001171520-23-000180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/806172/000117152023000180/eps10810_sotk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171520-23-000180
- JSON: https://secwatch.observer/filing/0001171520-23-000180.json
- Plain text: https://secwatch.observer/filing/0001171520-23-000180.txt

## Key facts
- Earnings Releases
  SONO TEK CORP reported Fourth Quarter Fiscal 2023 results: revenue $3.7 million, net income $63. Guidance initiated.
  - Period: Fourth Quarter Fiscal 2023
  - Revenue: $3.7 million
  - Net income: $63
  - Guidance: initiated
  - Result: reported results
  source text: net sales are expected to be slightly below net sales of $3.7 million recorded in the fourth quarter of fiscal 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/806172/000117152023000180/0001171520-23-000180-index.htm
- Earnings Releases
  SONO TEK CORP reported fiscal year 2023, ended February 28, 2023 results: revenue $15.1 million, net income $636,000. Guidance initiated.
  - Period: fiscal year 2023, ended February 28, 2023
  - Revenue: $15.1 million
  - Net income: $636,000
  - Guidance: initiated
  - Result: reported results
  source text: have high average selling prices and longer than typical delivery lead times, which is often necessary for customized production scale, complex coating systems. · Net sales were $15.1 million, a 12% decrease, compared to $17.1 million in fiscal 2022. The decline was primarily due to supply chain challenges which delayed the receipt of necessary parts to complete
  evidence_url: https://www.sec.gov/Archives/edgar/data/806172/000117152023000180/0001171520-23-000180-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.