---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-002307"
form_type: "8-K"
ticker: "ULBI"
cik: "0000875657"
company_name: "ULTRALIFE CORP"
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T12:05:36.225609+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ultralife Q4 revenue $23.8M, operating loss $1.2M; supply chain delays impacted results

## Summary
- GAAP net loss $1.1M ($0.07 loss per share) vs net income $2.1M ($0.13 EPS) in Q4 2020.
- Revenue down 18% to $23.8M; delayed shipments from supply chain issues reduced revenue by ~$5.4M.
- Backlog grew 35% core YoY to >$53M; over $63M including Excell acquisition.
- FY2021 GAAP EPS ($0.01), Adjusted EPS ($0.02) vs FY2020 GAAP EPS $0.33, Adjusted EPS $0.41.
- Acquisition of Excell Battery Group in Dec 2021 added initial revenue but also $0.5M in one-time expenses and purchase accounting adjustments.

## SEC filing metadata
- accession: 0001437749-22-002307
- form_type: 8-K
- ticker: ULBI
- cik: 0000875657
- company_name: ULTRALIFE CORP
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875657/000143774922002307/0001437749-22-002307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875657/000143774922002307/ulbi20220203_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-002307
- JSON: https://secwatch.observer/filing/0001437749-22-002307.json
- Plain text: https://secwatch.observer/filing/0001437749-22-002307.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.