---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009967"
form_type: "8-K"
ticker: "ULBI"
cik: "0000875657"
company_name: "ULTRALIFE CORP"
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:46:59.556639+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ultralife reports Q1 net loss of $0.2M on revenue $30.4M; backlog grows to $91.9M

## Summary
- Revenue $30.4M (+16.9% YoY); net loss $0.2M ($0.01 diluted) vs net income $0.7M ($0.04) in Q1 2021.
- Battery & Energy Products sales up 31.8% to $29.2M, including $6.4M from Excell acquisition.
- Communications Systems sales down 68.3% to $1.2M due to supply chain disruptions delaying shipments.
- Gross margin fell to 22.9% from 26.9% on input cost inflation and higher logistics costs.
- Backlog reached $91.9M; $73.8M expected to ship in 2022, up 26% from prior quarter.

## SEC filing metadata
- accession: 0001437749-22-009967
- form_type: 8-K
- ticker: ULBI
- cik: 0000875657
- company_name: ULTRALIFE CORP
- filed_at: 2022-04-28T23:59:59+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/875657/000143774922009967/0001437749-22-009967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875657/000143774922009967/ulbi20220427_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009967
- JSON: https://secwatch.observer/filing/0001437749-22-009967.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009967.txt

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