{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-011875","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2022-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.474598+00:00","generated_at":"2026-06-25T21:17:24.832557+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nortech Systems Q1 revenue up 39% to $30.7M; net income $138k vs loss a year ago","bullets":["Revenue $30.7M, up 39% YoY; net income $138k ($0.05 EPS) vs net loss ($1.6M) in Q1 2021.","Gross margin 13.2%, improved 6.1 percentage points from 7.1% on higher volume and pricing.","Adjusted EBITDA $640k vs ($1.5M) loss; backlog $97.6M, up over 55% YoY.","R&D expense $0.3M in Q1 2022 for new AOX cable platform investment.","Management cites supply-chain mitigation and pricing adjustments; optimistic for remainder of 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-011875","json":"https://secwatch.observer/filing/0001437749-22-011875.json","markdown":"https://secwatch.observer/filing/0001437749-22-011875.md","text":"https://secwatch.observer/filing/0001437749-22-011875.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000143774922011875/0001437749-22-011875-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000143774922011875/nsys20220511_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T21:17:24.832557+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"}