{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-22-007433","form_type":"8-K","ticker":"NTIC","cik":"0000875582","company_name":"NORTHERN TECHNOLOGIES INTERNATIONAL CORP","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.813654+00:00","generated_at":"2026-06-21T21:49:29.415434+00:00","sec_items":["2.02","3.03","5.03","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NTIC reports record FY2022 net sales $74.2M (+31.3%); net income flat; adjusted EPS down; bylaw amended","bullets":["Record annual net sales $74.2M (+31.3% YoY); net income $6.3M ($0.66) vs $6.3M ($0.64) prior year.","Non-GAAP adjusted EPS $0.32, down from $0.64; Q4 net income $0.6M ($0.07) vs $1.7M ($0.17).","Natur-Tec sales +52.7% to $16.7M; ZERUST industrial +28.8% to $49.9M; oil & gas +21.5% to $4.6M.","Joint venture operating income fell 21.9% to $10.5M; JV net sales declined 14% to $104.1M.","Board adopted amended bylaws including universal proxy rules, mandatory Delaware forum, emergency provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-22-007433","json":"https://secwatch.observer/filing/0001171843-22-007433.json","markdown":"https://secwatch.observer/filing/0001171843-22-007433.md","text":"https://secwatch.observer/filing/0001171843-22-007433.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/875582/000117184322007433/0001171843-22-007433-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/875582/000117184322007433/f8k_111422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T21:49:29.415434+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":"6ef775a7d62719554c91643769a6073e8a36f227","claim":"NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported the fourth quarter ended August 31, 2022 results: revenue $20,252,000, net income $648,000, EPS $0.07 per diluted share.","evidence_excerpt":"NTIC’s consolidated net sales increased 30.5% to $20,252,000 during the three months ended August 31, 2022, compared to $15,513,000 for the three months ended August 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/875582/000117184322007433/0001171843-22-007433-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended August 31, 2022"},{"label":"Revenue","value":"$20,252,000"},{"label":"Net income","value":"$648,000"},{"label":"EPS","value":"$0.07 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e8639040beb530b4d10ce1e3314566969c324215","claim":"NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported the fiscal year ended August 31, 2022 results: revenue $74,159,000, net income $6,325,000, EPS $0.66 per diluted share.","evidence_excerpt":"Consolidated net sales increased 31.3% to a record $74,159,000 Consolidated net sales increased 13.6%, excluding sales as a result of the September 2021 acquisition of the remaining 50% ownership in NTIC’s Indian Joint Venture ZERUST ® net sales increased 26.1% to $57,459,000 ZERUST ® oil and gas net sales increased 21.5% to $4,608,000 NTIC China net sales decreased 9.2% to $15,754,000 Natur-Tec ® product net sales increased 52.7% to $16,700,000 Joint venture operating income decreased 21.9% to $10,494,000 Net income attributable to NTIC increased to $6,325,000, compared to $6,281,000 last year Net income per diluted share attributable to NTIC was $0.66, compared to $0.64 per share last year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/875582/000117184322007433/0001171843-22-007433-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended August 31, 2022"},{"label":"Revenue","value":"$74,159,000"},{"label":"Net income","value":"$6,325,000"},{"label":"EPS","value":"$0.66 per diluted 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"}