secwatch.observer — SEC 8-K summary
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Issuer:     IEH Corp (IEHC)
CIK:        0000050292
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0001174947-22-000252
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

IEH Corp opens Allentown plant, updates on SEC filings and revenue down 25-30%
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- Opened 29,000 sq ft manufacturing facility in Allentown, PA to boost capacity and reduce per-unit costs for defense and aerospace markets.
- Progress on getting current on SEC filings; missed prior Dec 31, 2021 deadline but working with auditors.
- Revenue tracking 25-30% below Fiscal 2021 levels due to slow recovery in commercial aerospace from COVID-19.
- Balance sheet strong with over $12M cash as of 12/31/21 despite facility investment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50292/000117494722000252/0001174947-22-000252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50292/000117494722000252/form8k-27381_iehc.htm
  HTML page:      https://secwatch.observer/filing/0001174947-22-000252

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