{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-035097","form_type":"8-K","ticker":"OCC","cik":"0001000230","company_name":"OPTICAL CABLE CORP","filed_at":"2023-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.764418+00:00","generated_at":"2026-06-07T08:39:45.729082+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OCC reports FY net income of $2.1M; Q4 net loss of $1.3M on 13.6% sales decline","bullets":["FY2023 net income $2.1M ($0.26 EPS) includes $2.2M insurance gain; sales $72.2M (+4.5% YoY).","Q4 net sales $17.3M (-13.6% YoY); net loss $1.3M ($0.17 loss) vs Q4 prior year net income.","Gross profit margin improved to 30.9% for FY but fell to 22.4% in Q4 due to lower production volumes.","Company notes softening demand in enterprise & wireless carrier markets; specialty markets growth partially offset.","Cash increased to $1.5M from $0.2M; inventories rose to $23.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-035097","json":"https://secwatch.observer/filing/0001437749-23-035097.json","markdown":"https://secwatch.observer/filing/0001437749-23-035097.md","text":"https://secwatch.observer/filing/0001437749-23-035097.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000230/000143774923035097/0001437749-23-035097-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000230/000143774923035097/occ20231221_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T08:39:45.729082+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":"3c8ec87c57715a12ff0e89c75a371f5c5babbc0f","claim":"OPTICAL CABLE CORP reported fiscal year ended October 31, 2023 results: revenue $72.2 million, net income $2.1 million, EPS $0.26 per basic and diluted share.","evidence_excerpt":"results for its fiscal year and its fourth quarter ended October 31, 2023. Fiscal Year 2023 Financial Results Consolidated net sales for fiscal year 2023 increased 4.5% to $72.2 million, compared to net sales of $69.1 million for fiscal year 2022. The Company achieved increases in net sales in its specialty markets in fiscal year 2023, compared to the prior","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000230/000143774923035097/0001437749-23-035097-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended October 31, 2023"},{"label":"Revenue","value":"$72.2 million"},{"label":"Net income","value":"$2.1 million"},{"label":"EPS","value":"$0.26 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8365de7cf702f0dfb90530a4542201c6a6e797c4","claim":"OPTICAL CABLE CORP reported fourth quarter ended October 31, 2023 results: revenue $17.3 million, net income net loss of $1.3 million, EPS $0.17 per basic and diluted share.","evidence_excerpt":"Company’s statement of operations during fiscal year 2023. Fourth Quarter 2023 Financial Results Consolidated net sales for the fourth quarter of fiscal year 2023 decreased to $17.3 million, or 13.6%, compared to net sales of $20.1 million for the same period in the prior year, with decreased net sales in the Company’s enterprise market partially offset by increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000230/000143774923035097/0001437749-23-035097-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended October 31, 2023"},{"label":"Revenue","value":"$17.3 million"},{"label":"Net income","value":"net loss of $1.3 million"},{"label":"EPS","value":"$0.17 per basic and 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"}