{"schema_version":"secwatch.filing_event.v1","accession":"0001376474-23-000367","form_type":"8-K","ticker":"NVEC","cik":"0000724910","company_name":"NVE CORP /NEW/","filed_at":"2023-07-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.512058+00:00","generated_at":"2026-06-13T06:41:45.713275+00:00","sec_items":["2.02","8.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NVE Q1 revenue up 20% to $8.83M, net income up 6%, declares $1.00 dividend","bullets":["Total revenue $8.83M for June quarter, up 20% YoY; product sales up 23%.","Net income $4.40M ($0.91 EPS diluted), up 6% from $4.14M ($0.86) prior year.","Board declares $1.00/share quarterly dividend, payable Aug 31, record Jul 31.","Contract R&D revenue decreased 50% YoY, partially offsetting product sales growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-23-000367","json":"https://secwatch.observer/filing/0001376474-23-000367.json","markdown":"https://secwatch.observer/filing/0001376474-23-000367.md","text":"https://secwatch.observer/filing/0001376474-23-000367.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000367/0001376474-23-000367-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000367/nvec-20230719.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T06:41:45.713275+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":"a9f54b9eb3d7735a591163525dd1e95f78911294","claim":"NVE CORP /NEW/ reported quarter ended June 30, 2023 results: revenue $8.83 million, net income $4.40 million, EPS $0.91 per diluted share.","evidence_excerpt":"Total revenue for the first quarter of fiscal 2024 increased 20% to $8.83 million from $7.34 million for the prior-year quarter. The increase was due to a 23% increase in product sales partially offset by a 50% decrease in contract research and development revenue. Net income for the first quarter of fiscal 2024 increased 6% to $4.40 million, or $0.91 per diluted share, compared to $4.14 million, or $0.86 per share, for the prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000367/0001376474-23-000367-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Revenue","value":"$8.83 million"},{"label":"Net income","value":"$4.40 million"},{"label":"EPS","value":"$0.91 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"}