{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-027000","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.359685+00:00","generated_at":"2026-06-21T21:40:58.203893+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 $35.3M (+19.8%); EBITDA $2.4M, triple adjusted prior year","bullets":["Revenue $35.3M (+19.8% YoY); gross margin 17.9% vs adjusted 11.4% prior year.","EBITDA $2.4M, up from adjusted $0.7M in Q3 2021; net income $1.5M ($0.53 diluted).","Backlog $103M, up 31% vs Sept 30, 2021.","Received patent for Flex Faraday Xtreme flexible printed circuit technology.","Investing in R&D for AOX cable platform; upgrading IT/HR/analytical capabilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-027000","json":"https://secwatch.observer/filing/0001437749-22-027000.json","markdown":"https://secwatch.observer/filing/0001437749-22-027000.md","text":"https://secwatch.observer/filing/0001437749-22-027000.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000143774922027000/0001437749-22-027000-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000143774922027000/nsys20221111_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T21:40:58.203893+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":[{"claim_id":"59c6901628fe849753e33d6071fbfe9f50421232","claim":"NORTECH SYSTEMS INC reported third quarter ended September 30, 2022 results: revenue $35.3 million, net income $1.5 million, EPS $0.53 per diluted share.","evidence_excerpt":"serving the medical, industrial and defense markets, reported 2022 third quarter results for the period ended September 30, 2022. 2022 Third Quarter Highlights ● Revenue of $35.3 million, up 19.8% compared to the third quarter of 2021. ● Gross margin of 17.9%, up 6.5 percentage points compared to adjusted gross margin of 11.4% in the third quarter of 2021. ●","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/722313/000143774922027000/0001437749-22-027000-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$35.3 million"},{"label":"Net income","value":"$1.5 million"},{"label":"EPS","value":"$0.53 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}