{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-006895","form_type":"8-K","ticker":"BUKS","cik":"0000015847","company_name":"BUTLER NATIONAL CORP","filed_at":"2023-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.711580+00:00","generated_at":"2026-06-18T00:30:47.688138+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Butler National Q3 revenue up 16% to $20.5M; net income down to $0.03 EPS","bullets":["Revenue $20.5M (vs $17.6M YoY); Aerospace Products +25%, Professional Services +8%.","Net income $2.0M ($0.03 diluted EPS) vs $2.7M ($0.04 EPS) in Q3 FY2022.","Operating margin fell to 17% from 25%; Aerospace operating income halved to $1.1M.","New Kansas sports wagering contributed $1.2M revenue; permanent DraftKings sports book opened Feb 28.","Backlog strong at $27.1M; cash increased $4.7M in first nine months."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-006895","json":"https://secwatch.observer/filing/0001437749-23-006895.json","markdown":"https://secwatch.observer/filing/0001437749-23-006895.md","text":"https://secwatch.observer/filing/0001437749-23-006895.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/15847/000143774923006895/0001437749-23-006895-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/15847/000143774923006895/buks20230216_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T00:30:47.688138+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":"9fac677128945615331711103c20bfd3ed516a8b","claim":"BUTLER NATIONAL CORP reported the third quarter for the period ending January 31, 2023 results: revenue $ 20,464, net income $ 1,977, EPS $ 0.03.","evidence_excerpt":"Historical selected financial data related to all operations: Quarter Ended January 31 Nine Months Ended January 31 (In thousands) (In thousands) 2023 2022 2023 2022 Revenue $ 20,464 $ 17,618 $ 55,093 $ 54,012 Operating Income $ 3,385 $ 4,402 $ 9,012 $ 13,167 Net Income $ 1,977 $ 2,684 $ 5,091 $ 8,740 Total Assets $ 111,077 $ 98,076 $ 111,077 $ 98,076","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15847/000143774923006895/0001437749-23-006895-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter for the period ending January 31, 2023"},{"label":"Revenue","value":"$ 20,464"},{"label":"Net income","value":"$ 1,977"},{"label":"EPS","value":"$ 0.03"},{"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"}