{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014588","form_type":"8-K","ticker":"CPSH","cik":"0000814676","company_name":"CPS TECHNOLOGIES CORP/DE/","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.057992+00:00","generated_at":"2026-06-02T23:35:57.838339+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":"CPS Technologies Q1 revenue down 17% to $5.9M; net loss of $0.1M vs net income of $0.5M","bullets":["Revenue $5.9M vs $7.1M YoY; gross margin fell to 15.3% from 31.6% due to quality control costs and lower volumes.","Operating loss of $0.3M vs profit of $0.7M; diluted EPS of -$0.01 vs +$0.03.","Signed manufacturing license with Triton Systems for Fiber-Reinforced Aluminum Composites to expand product portfolio.","Revenue expected to be impacted by lower HybridTech Armor sales in coming quarters.","Company submitted four Phase I and two Phase II SBIR proposals; presented radiation shielding composite with 55% mass reduction."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014588","json":"https://secwatch.observer/filing/0001437749-24-014588.json","markdown":"https://secwatch.observer/filing/0001437749-24-014588.md","text":"https://secwatch.observer/filing/0001437749-24-014588.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814676/000143774924014588/0001437749-24-014588-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814676/000143774924014588/cpsh20240503_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:35:57.838339+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":"131b0a00e3a563726314be28236b4f5d2ae3dfbb","claim":"CPS TECHNOLOGIES CORP/DE/ reported the quarter ended March 30, 2024 results: revenue $5.9 million, net income $0.1 million, EPS $(0.01) per diluted share.","evidence_excerpt":"Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal first quarter ended March 30, 2024. First Quarter Summary ● Revenue of $5.9 million for the first quarter of 2024 versus $7.1 million in the prior-year period, primarily due to further quality control testing and production staffing challenges ● Gross margin of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814676/000143774924014588/0001437749-24-014588-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 30, 2024"},{"label":"Revenue","value":"$5.9 million"},{"label":"Net income","value":"$0.1 million"},{"label":"EPS","value":"$(0.01) 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"}