{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-055664","form_type":"8-K","ticker":"AIRI","cik":"0001009891","company_name":"AIR INDUSTRIES GROUP","filed_at":"2023-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.853112+00:00","generated_at":"2026-06-13T10:25:17.876759+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Air Industries Q1 2023 net loss widens to $618k; operating loss $158k on supply chain issues","bullets":["Q1 2023 net sales $12.5M, up 4% YoY; gross margin fell to 15.0% from 17.2%.","Operating loss of $158k vs income of $207k in Q1 2022; net loss $618k vs $28k.","Interest expense rose to $476k from $323k due to higher prime rate and debt levels.","CEO cited supply chain disruption, raw material delays; targeting nuclear submarine market."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-055664","json":"https://secwatch.observer/filing/0001213900-23-055664.json","markdown":"https://secwatch.observer/filing/0001213900-23-055664.md","text":"https://secwatch.observer/filing/0001213900-23-055664.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1009891/000121390023055664/0001213900-23-055664-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1009891/000121390023055664/ea181531-8k_airindust.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:25:17.876759+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":"032c7d8d3805bc61c42e6cac9742f65e787da7af","claim":"AIR INDUSTRIES GROUP reported the Three Months Ended March 31, 2023 results: revenue $12.5 million, net income $618,000.","evidence_excerpt":"Consolidated net sales for the three months ended March 31, 2023 were $12.5 million, an increase of $487,000 or 4.0% from the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009891/000121390023055664/0001213900-23-055664-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the Three Months Ended March 31, 2023"},{"label":"Revenue","value":"$12.5 million"},{"label":"Net income","value":"$618,000"},{"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"}