---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-028778"
form_type: "8-K"
ticker: "VTSI"
cik: "0001085243"
company_name: "VirTra, Inc"
filed_at: "2021-11-16T23:59:59+00:00"
generated_at: "2026-06-28T07:38:53.484172+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# VirTra Q3 net income $1.3M; record backlog $21.7M; $24.5M DHS contract awarded

## Summary
- Net income of $1.3M ($0.12 diluted EPS) vs $0.9M ($0.11) in Q3 2020; includes $1.3M PPP loan forgiveness gain.
- Q3 revenue $6.1M (-5% YoY); YTD revenue $15.8M (+26%). Backlog hit record $21.7M (+51% YoY).
- Awarded $24.5M DHS IDIQ contract for CBP with $1.4M initial order; two international contracts totaling $2.7M.
- Adjusted EBITDA $520K vs $1.6M in Q3 2020; gross margin 47.2% (down from 61.9%) due to inventory reserve scaling.
- Cash and equivalents $21.5M; no guidance change. Manufacturing expansion with purchase of Chandler, AZ building.

## SEC filing metadata
- accession: 0001493152-21-028778
- form_type: 8-K
- ticker: VTSI
- cik: 0001085243
- company_name: VirTra, Inc
- filed_at: 2021-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085243/000149315221028778/0001493152-21-028778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085243/000149315221028778/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-028778
- JSON: https://secwatch.observer/filing/0001493152-21-028778.json
- Plain text: https://secwatch.observer/filing/0001493152-21-028778.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.