{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-025831","form_type":"8-K","ticker":"BUKS","cik":"0000015847","company_name":"BUTLER NATIONAL CORP","filed_at":"2023-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.438131+00:00","generated_at":"2026-06-10T17:34:56.724127+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Butler National Q1 revenue up 12% to $17.2M, EPS $0.01; net income improves to $719K","bullets":["Revenue $17.2M (+12% YoY), net income $719K (+67% YoY), diluted EPS $0.01 flat.","Operating income $1.14M (7% margin) vs $1.63M (11% margin) last year; cost pressures in Aerospace.","Aerospace Products revenue up 28% to $8.1M but segment operating loss widened to $0.6M.","Professional Services revenue flat at $9.0M; sports wagering contributed $0.7M offsetting casino dip.","Backlog strong at $29.3M; cash decreased $7.8M due to facility upgrades and wage adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-025831","json":"https://secwatch.observer/filing/0001437749-23-025831.json","markdown":"https://secwatch.observer/filing/0001437749-23-025831.md","text":"https://secwatch.observer/filing/0001437749-23-025831.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/15847/000143774923025831/0001437749-23-025831-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/15847/000143774923025831/buks20230706_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T17:34:56.724127+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":"d4dae6fa2fb01e7d1008373dad5913d387bf3823","claim":"BUTLER NATIONAL CORP reported first quarter fiscal 2024 ended July 31, 2023 results: revenue $17,185, net income $719, EPS $0.01.","evidence_excerpt":"for the first quarter fiscal 2024 ended July 31, 2023 . Historical selected financial data related to all operations: Quarter Ended July 31 (In thousands) 2023 2022 Revenue $ 17,185 $ 15,304 Operating Income $ 1,137 $ 1,625 Net Income $ 719 $ 431 Total Assets $ 105,000 $ 103,966 Long-term obligations $ 40,574 $ 45,611 Stockholders' Equity $ 42,216 $ 41,747","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15847/000143774923025831/0001437749-23-025831-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter fiscal 2024 ended July 31, 2023"},{"label":"Revenue","value":"$17,185"},{"label":"Net income","value":"$719"},{"label":"EPS","value":"$0.01"},{"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"}