secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA PRO TECH LTD (APT)
CIK:        0000884269
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001437749-22-026108
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Pro Tech Q3 net sales $14.7M; net income falls 34% to $0.5M
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- Net sales up 1.7% YoY to $14.7M; disposable apparel +16.2%, building supply -4.6%.
- Net income $0.5M ($0.04 diluted EPS) vs $0.8M ($0.06) in Q3 2021; gross margin 32.7%.
- Cash $15.5M, no debt; working capital $50.6M; current ratio 27:1.
- Repurchased 259,200 shares for $1.1M in Q3; $1.2M remaining under buyback program.
- Capital commitments $4.0M for equipment; $3.1M paid; expects operational impact in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884269/000143774922026108/0001437749-22-026108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884269/000143774922026108/apt20221104_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-026108

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