{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-24-008477","form_type":"8-K","ticker":"TACT","cik":"0001017303","company_name":"TRANSACT TECHNOLOGIES INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.895620+00:00","generated_at":"2026-06-02T15:22:22.666387+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"TransAct Q1 net sales drop 52% to $10.7M; net loss $1.0M vs profit year ago","bullets":["Net loss $1.0M ($0.10 loss per diluted share) vs net income $3.1M ($0.31) in Q1 2023.","Gross margin 52.6% vs 55.0% a year ago; operating loss $1.3M vs operating income $3.8M.","FST recurring revenue up 3% to $2.4M; added eight new FST accounts with ~1,000 potential terminal units.","FY 2024 guidance: net sales $45-50M, adjusted EBITDA between negative $2.5M and negative $3.5M.","Casino & Gaming printer demand normalizing after prior year surge; EBITDA negative $966K."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-24-008477","json":"https://secwatch.observer/filing/0001214659-24-008477.json","markdown":"https://secwatch.observer/filing/0001214659-24-008477.md","text":"https://secwatch.observer/filing/0001214659-24-008477.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1017303/000121465924008477/0001214659-24-008477-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1017303/000121465924008477/z562478k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T15:22:22.666387+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":"b17c8d926f045d16e7d230f9e85a83d26f410768","claim":"TRANSACT TECHNOLOGIES INC reported the first quarter ended March 31, 2024 results: revenue $10.7 million, net income $(1.0) million, EPS $(0.10) per diluted share. Guidance initiated.","evidence_excerpt":"with our existing products and to enter new markets further down the road.” First Quarter 2024 Financial Highlights • Net Sales : Net sales for the first quarter of 2024 were $10.7 million, down as expected due to the pull back in Casino and Gaming. The results were down 52% compared to $22.3 million for the first quarter of 2023 largely as a result of the expected","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1017303/000121465924008477/0001214659-24-008477-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$10.7 million"},{"label":"Net income","value":"$(1.0) million"},{"label":"EPS","value":"$(0.10) per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}