secwatch.observer — SEC 8-K summary
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Issuer:     SOLITRON DEVICES INC (SODI)
CIK:        0000091668
Form:       8-K
Filed at:   2026-10-13T20:05:24+00:00
Accession:  0001437749-26-032561
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Solitron Q2 FY2027 net sales up 42% to $5.66M; net income $1.30M ($0.60/sh) vs year-ago loss
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- Net sales $5.66M vs $3.99M a year ago (+42%); gross profit $2.75M vs $0.84M; operating income $1.72M vs $(0.29)M loss.
- Net income $1.30M, or $0.60 per share, versus net loss $(0.23)M, or $(0.11) per share, in fiscal 2026 Q2; no actual cash taxes due on NOL deferred tax assets.
- Backlog hit a record $24.11M, up 29% YoY from $18.64M and above $23.34M at Q1 end; net bookings rose 48% to $6.42M.
- SG&A included $200K of investment-banker professional fees tied to exploring strategic alternatives, plus $52K intangible amortization.
- Management expects the next AMRAAM order in fiscal Q4, citing RTX/Pentagon October multi-year agreements for AMRAAM and Standard Missiles 2, 3 and 6, subject to Congressional funding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91668/000143774926032561/0001437749-26-032561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91668/000143774926032561/sodi20261006_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-032561

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