{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-007219","form_type":"8-K","ticker":"NTIC","cik":"0000875582","company_name":"NORTHERN TECHNOLOGIES INTERNATIONAL CORP","filed_at":"2023-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.213012+00:00","generated_at":"2026-06-07T23:05:24.764817+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":"NTIC reports record FY23 sales $79.9M (+7.7% YoY) but net income falls 54% to $2.9M; restates prior quarters","bullets":["FY23 net sales record $79.9M, up 7.7% YoY; ZERUST oil & gas sales up 69.3% to $7.8M.","Net income attributable to NTIC dropped to $2.9M ($0.30 diluted) from $6.3M ($0.66) prior year.","Adjusted non-GAAP net income $2.57M ($0.27) vs $3.03M ($0.32) prior year.","Q4 net sales $20.7M (+2.3%); net income $939K ($0.10) vs $648K ($0.07) prior year.","Restating prior quarters due to incorrect recognition of employee retention credits; net income reduced $474K and $466K."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-007219","json":"https://secwatch.observer/filing/0001171843-23-007219.json","markdown":"https://secwatch.observer/filing/0001171843-23-007219.md","text":"https://secwatch.observer/filing/0001171843-23-007219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/875582/000117184323007219/0001171843-23-007219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/875582/000117184323007219/f8k_112023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:05:24.764817+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":"51b55abfb621f81bde62b62bf13a8e81d11da1ae","claim":"NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported financial results for fourth fiscal quarter and fiscal year ended August 31, 2023.","evidence_excerpt":"On November 21, 2023, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the fourth fiscal quarter and fiscal year ended August 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/875582/000117184323007219/0001171843-23-007219-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth fiscal quarter and fiscal year ended August 31, 2023"},{"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"}