secwatch.observer — SEC 8-K summary
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Issuer:     BROADWIND, INC. (BWEN)
CIK:        0001120370
Form:       8-K/A
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001437749-26-015661
Event type: m_and_a
Sentiment:  negative
Materiality: 0.70
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadwind exits wind market; pro forma 2025 revenue drops to $60.8M, net loss $9.95M
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- Sold Abilene, TX facility on April 30, 2026 for up to $19.5M cash; includes leaseback through Sep 2026 and $500K equipment purchase option.
- Pro forma 2025 revenue $60.8M (down from $158.1M); net loss $9.95M ($0.44 diluted EPS) vs historical income $5.2M.
- Pro forma 2024 revenue $66.7M (down from $143.1M); net income $1.48M ($0.07 EPS).
- Pro forma balance sheet at Dec 31, 2025 shows cash $17.6M, total assets $92.1M, equity $55.7M.
- Company fully exited wind market following prior Manitowoc facility sale in Sep 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120370/000143774926015661/0001437749-26-015661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120370/000143774926015661/bwen20260506_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-015661

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