{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-21-026374","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2021-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.365101+00:00","generated_at":"2026-06-28T09:35:41.185868+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":"Nortech Systems Q3 revenue $29.5M (+11.7%), net income $3.6M on $5.2M ERC","bullets":["Net sales $29.5M, up 11.7% YoY from $26.4M; net income $3.6M ($1.24 diluted) vs $2.0M ($0.73) a year ago.","Record backlog of $79M, up 72% vs September 2020; monthly bookings remain strong.","Q3 results include $5.2M Employee Retention Credit reduction to payroll tax expense; cash not yet received.","CEO expects improved Q4 results; backlog supports growth through 2022.","Operating results in Q3 2020 included $3.8M gain from sale-leaseback of two Minnesota facilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-21-026374","json":"https://secwatch.observer/filing/0001437749-21-026374.json","markdown":"https://secwatch.observer/filing/0001437749-21-026374.md","text":"https://secwatch.observer/filing/0001437749-21-026374.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000143774921026374/0001437749-21-026374-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000143774921026374/nsys20211110_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T09:35:41.185868+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"}