{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-043673","form_type":"8-K","ticker":"AIRI","cik":"0001009891","company_name":"AIR INDUSTRIES GROUP","filed_at":"2025-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.141965+00:00","generated_at":"2026-05-21T04:15:32.118528+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Air Industries Q1 sales down 13.7% to $12.1M; gross margin improves; net loss widens to $988K","bullets":["Net sales $12.1M vs $14.1M in Q1 2024 (-13.7%); gross profit up 6.7% to $2.0M, gross margin 16.8% (+320 bps).","Operating loss $746K vs $259K; net loss $988K vs $706K; driven by higher non-cash stock comp ($412K increase).","Adjusted EBITDA improved 59.1% to $576K from $362K in prior-year quarter.","Book-to-bill ratio 1.34x on TTM basis; funded backlog up $2.7M; total backlog exceeds $250M.","CEO reaffirms confidence full-year 2025 results will exceed 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-043673","json":"https://secwatch.observer/filing/0001213900-25-043673.json","markdown":"https://secwatch.observer/filing/0001213900-25-043673.md","text":"https://secwatch.observer/filing/0001213900-25-043673.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1009891/000121390025043673/0001213900-25-043673-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1009891/000121390025043673/ea0242310-8k_airindust.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T04:15:32.118528+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}