{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-007558","form_type":"8-K","ticker":"APT","cik":"0000884269","company_name":"ALPHA PRO TECH LTD","filed_at":"2024-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.136342+00:00","generated_at":"2026-06-04T22:39:58.378124+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Alpha Pro Tech Q4 net income up 88% to $1.1M; Building Supply sales rise 55.7%","bullets":["Q4 net sales $15.3M (+24.9% YoY); Building Supply $9.8M (+55.7%), Apparel $5.5M (-7.7%).","Q4 diluted EPS $0.09 vs $0.05; FY2023 diluted EPS $0.35 vs $0.26, net income $4.2M (+27.6%).","Cash $20.4M, no debt; working capital $50.5M; current ratio 21:1.","Inventory decreased 17.5% to $20.1M; housewrap sales up 22.2% in FY2023.","Repurchased 951,010 shares in 2023 for $4.0M; $2.2M remains under buyback program."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-007558","json":"https://secwatch.observer/filing/0001437749-24-007558.json","markdown":"https://secwatch.observer/filing/0001437749-24-007558.md","text":"https://secwatch.observer/filing/0001437749-24-007558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/0001437749-24-007558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/apt20240313_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:39:58.378124+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":"ae932813c6533717452d3d9ea5d11bc107419613","claim":"ALPHA PRO TECH LTD reported the fourth quarter and year ended December 31, 2023 results: revenue $15.3 million, net income $1.1 million, or $0.09 per diluted share.","evidence_excerpt":"EXHIBIT 99.1 ex_638741.htm Exhibit 99.1 ALPHA PRO TECH, LTD. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Overall Fourth Quarter Sales Increased 24.9% to $15.3 Million, Compared to $12.2 Million for the Fourth Quarter of 2022 FOR IMMEDIATE RELEASE Company Contact : Investor Relations Contact : Alpha Pro Tech, Ltd. HIR Holdings Donna Millar","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/0001437749-24-007558-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$15.3 million"},{"label":"Net income","value":"$1.1 million, or $0.09 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"db75e538993a76eaca2b3290c3a7b5135e962cec","claim":"ALPHA PRO TECH LTD reported the year ended December 31, 2023 results: net income Net income for the year ended December 31, 2023 was $4.2 million, or $0.35 per diluted share.","evidence_excerpt":"Net income for the year ended December 31, 2023 was $4.2 million, or $0.35 per diluted share, compared to $3.3 million, or $0.26 per diluted share, for the year ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/0001437749-24-007558-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Net income","value":"Net income for the year ended December 31, 2023 was $4.2 million, or $0.35 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"}