{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-006937","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2023-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.885223+00:00","generated_at":"2026-06-17T23:56:19.944615+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 Q4 revenue up 6.4% to $35.6M; full-year EBITDA $5.8M vs loss","bullets":["Q4 revenue $35.6M (up 6.4% YoY); gross margin 14.3% (up from 8.0%).","Full-year revenue $134.1M (+16.5%); EBITDA $5.8M vs ($0.2M) loss in 2021.","Backlog $104M at Dec 31, 2022, up 9.6% from prior year.","Full-year gross margin 15.3% (adjusted for 2021 ERC: 9.7%).","Management cites supply chain improvement and pricing actions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-006937","json":"https://secwatch.observer/filing/0001437749-23-006937.json","markdown":"https://secwatch.observer/filing/0001437749-23-006937.md","text":"https://secwatch.observer/filing/0001437749-23-006937.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000143774923006937/0001437749-23-006937-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000143774923006937/nsys20230316_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T23:56:19.944615+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":"4063cc4e606213d40be4a6ff931ceae95843305e","claim":"NORTECH SYSTEMS INC reported financial results for the fiscal year ended December 31, 2022.","evidence_excerpt":"The Registrant issued a news release on March 16, 2023, entitled \"Nortech Systems Announces 2022 Fourth Quarter and Full Year Results\" regarding its consolidated fiscal year results and financial condition. A copy of this news release is attached hereto as Exhibit 99.1.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/722313/000143774923006937/0001437749-23-006937-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"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"}