{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-007876","form_type":"8-K","ticker":"OCC","cik":"0001000230","company_name":"OPTICAL CABLE CORP","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.021379+00:00","generated_at":"2026-06-04T18:37:20.769307+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"OCC Q1 net loss $0.18/share, sales -18.8% to $14.9M","bullets":["Net sales fell 18.8% YoY to $14.9M; enterprise and wireless carrier markets soft.","Net loss of $1.4M ($0.18 per share) vs net income of $810K ($0.10) a year ago.","Gross profit margin dropped to 25.0% from 35.7% on lower volumes and operating leverage.","Sales order backlog normalized to ~$5.0M vs >$12.0M at start of FY2023.","Management optimistic on FY2024 improvement; no personnel cuts despite industry cuts."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-007876","json":"https://secwatch.observer/filing/0001437749-24-007876.json","markdown":"https://secwatch.observer/filing/0001437749-24-007876.md","text":"https://secwatch.observer/filing/0001437749-24-007876.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000230/000143774924007876/0001437749-24-007876-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000230/000143774924007876/occ20240314_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T18:37:20.769307+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":"663107207b6cb4e44b81f02df009afbc49ad477b","claim":"OPTICAL CABLE CORP reported first quarter ended January 31, 2024 results: revenue $14.9 million, net income net loss of $1.4 million, or $0.18 per basic and diluted share, EPS $0.18 per basic and diluted share.","evidence_excerpt":"Consolidated net sales for the first quarter of fiscal year 2024 were $14.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000230/000143774924007876/0001437749-24-007876-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended January 31, 2024"},{"label":"Revenue","value":"$14.9 million"},{"label":"Net income","value":"net loss of $1.4 million, or $0.18 per basic and diluted share"},{"label":"EPS","value":"$0.18 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"}