{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-015237","form_type":"8-K","ticker":"APT","cik":"0000884269","company_name":"ALPHA PRO TECH LTD","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.292559+00:00","generated_at":"2026-06-02T14:57:03.255867+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Alpha Pro Tech Q1 net sales down 2.3% to $13.5M; net income up 4.3% to $576K","bullets":["Building Supply segment sales fell 4.5% to $8.2M; housewrap sales rose 24.3% but other woven materials plunged 71.4%.","Disposable Protective Apparel sales edged up 1.4% to $5.24M; face mask and shield sales improved sequentially.","Gross margin expanded to 40.2% from 36.1% YoY; operating income fell 23.5% to $326K on higher SG&A.","Diluted EPS flat at $0.05; cash $18.5M, no debt; working capital $50.3M with current ratio 25:1.","Repurchased 270K shares for $1.4M in Q1; $777K remaining under program plus $2.0M expansion announced post-quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-015237","json":"https://secwatch.observer/filing/0001437749-24-015237.json","markdown":"https://secwatch.observer/filing/0001437749-24-015237.md","text":"https://secwatch.observer/filing/0001437749-24-015237.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/884269/000143774924015237/0001437749-24-015237-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/884269/000143774924015237/apt20240507_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T14:57:03.255867+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":"cb103a75daeb428a85bd661c8ac3d441aacae868","claim":"ALPHA PRO TECH LTD reported first quarter ended March 31, 2024 results: revenue $13.5 million, net income $576,000, EPS $0.05 per diluted share.","evidence_excerpt":"99.1) --- EX-99.1 2 ex_669583.htm EXHIBIT 99.1 ex_669583.htm Exhibit 99.1 ALPHA PRO TECH, LTD. ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS Total Sales Decreased by 2.3% to $13.5 Million Compared to the Prior Year Period Housewrap and Accessory Product Sales Increase by 24.3% FOR IMMEDIATE RELEASE Company Contact : Investor Relations Contact : Alpha Pro Tech,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/884269/000143774924015237/0001437749-24-015237-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$13.5 million"},{"label":"Net income","value":"$576,000"},{"label":"EPS","value":"$0.05 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"}