secwatch.observer — SEC 8-K summary
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Issuer:     CPS TECHNOLOGIES CORP/DE/ (CPSH)
CIK:        0000814676
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001437749-26-015161
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPS Technologies Q1 revenue $7.0M, net loss $0.02 EPS; new CFO appointed
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- Revenue $7.0M vs $7.5M YoY; gross margin fell to 8.6% from 16.4%.
- Net loss $294K ($0.02/diluted share) vs prior-year profit $96K ($0.01/share).
- Chris Fraser appointed CFO, effective May 18, 2026; transition from outgoing CFO.
- Post-quarter received $4M hermetic packaging order; Navy SBIR option extended.
- Planned facility move to larger complex later in 2026; inventory increased $1.5M to minimize disruption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814676/000143774926015161/0001437749-26-015161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814676/000143774926015161/cpsh20260505d_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-015161

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer