secwatch.observer — SEC 8-K summary
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Issuer:     SOLITRON DEVICES INC (SODI)
CIK:        0000091668
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0001437749-25-022588
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solitron Devices fiscal Q1 net loss $0.34M; revenue down 32% YoY
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- Net sales fell 32% to $2.70M from $3.97M; net loss of $0.34M vs. net income of $0.59M a year ago.
- EPS loss $0.16 per share vs. prior-year EPS of $0.28; gross profit dropped to $0.39M from $1.68M.
- Net bookings rose 37% to $2.80M; backlog increased 94% to record $18.26M.
- Invested $1.65M for 6.4% of CBE LLC, which holds 25% interest in CrossingBridge Advisors with ~$4.0B AUM.
- U.S. Air Force UPL requests doubling AMRAAM production to 2,400/yr by 2028; Solitron supplies AMRAAM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91668/000143774925022588/0001437749-25-022588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91668/000143774925022588/sodi20250707_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-022588

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