{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-23-000719","form_type":"8-K","ticker":"FEIM","cik":"0000039020","company_name":"FREQUENCY ELECTRONICS INC","filed_at":"2023-07-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.342028+00:00","generated_at":"2026-06-13T09:06:34.388234+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Frequency Electronics reports Q4 net income $246k; FY23 revenue $40.8M, backlog at decade high","bullets":["Q4 FY23 revenue $13.0M, operating income $392k vs. loss of $5.9M YoY; net income $0.03/diluted share.","Full-year FY23 revenue $40.8M vs. $48.3M prior year; net loss $5.5M ($0.59/diluted share).","Second-half FY23 operating income $717k vs. first-half loss of $5.4M; H2 revenue $23.6M, up 38% from H1.","Backlog at April 30, 2023: ~$56M, highest in over 10 years (up from $40M year earlier).","Cash and equivalents $12.0M, debt-free; CEO McClelland cites cost-cutting and growth in satellite markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-23-000719","json":"https://secwatch.observer/filing/0001185185-23-000719.json","markdown":"https://secwatch.observer/filing/0001185185-23-000719.md","text":"https://secwatch.observer/filing/0001185185-23-000719.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39020/000118518523000719/0001185185-23-000719-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39020/000118518523000719/freqelec20230713_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T09:06:34.388234+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":"99ab343fa390f824a50deece2b6a0371ad4ae3dc","claim":"FREQUENCY ELECTRONICS INC reported the year ended April 30, 2023 results: revenue approximately $40.8 million, net income net loss...of $5.5 million or ($0.59) per diluted share, EPS ($0.59) per diluted share.","evidence_excerpt":"or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and twelve-month periods of fiscal year 2023, ended April 30, 2023, of approximately $13.0 million and $40.8 million, respectively, compared to revenues of $10.2 million and $48.3 million, respectively, for the same periods of fiscal year 2022, ended April 30, 2022. Operating income for the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39020/000118518523000719/0001185185-23-000719-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended April 30, 2023"},{"label":"Revenue","value":"approximately $40.8 million"},{"label":"Net income","value":"net loss...of $5.5 million or ($0.59) per diluted share"},{"label":"EPS","value":"($0.59) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9afb7f39f22fb9ab98aaacb7bdc0b033fa5be6e1","claim":"FREQUENCY ELECTRONICS INC reported the three months ended April 30, 2023 results: revenue approximately $13.0 million, net income $246,000 or $0.03 per diluted share, EPS $0.03 per diluted share.","evidence_excerpt":"Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and twelve-month periods of fiscal year 2023, ended April 30, 2023, of approximately $13.0 million and $40.8 million, respectively, compared to revenues of $10.2 million and $48.3 million, respectively, for the same periods of fiscal year 2022, ended April 30, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39020/000118518523000719/0001185185-23-000719-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended April 30, 2023"},{"label":"Revenue","value":"approximately $13.0 million"},{"label":"Net income","value":"$246,000 or $0.03 per diluted share"},{"label":"EPS","value":"$0.03 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"}