{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-005786","form_type":"8-K","ticker":"OFLX","cik":"0001317945","company_name":"Omega Flex, Inc.","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.367298+00:00","generated_at":"2026-06-19T04:23:17.334241+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Omega Flex reports FY2022 net sales down 3.5% to $125.5M; net income down 9.8% to $23.6M","bullets":["Net sales $125.5M for FY2022 vs $130.0M in 2021, down 3.5%; Q4 net sales $30.8M vs $35.5M, down 13.1%.","Net income $23.6M vs $26.2M, down 9.8%; diluted EPS $2.34 vs $2.60.","Sales unit volumes declined at a higher rate than revenue; pricing actions largely offset material cost pressure.","Costs increased for resumed travel/marketing and higher product liability reserves, partly offset by lower incentive compensation."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-005786","json":"https://secwatch.observer/filing/0001493152-23-005786.json","markdown":"https://secwatch.observer/filing/0001493152-23-005786.md","text":"https://secwatch.observer/filing/0001493152-23-005786.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/0001493152-23-005786-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T04:23:17.334241+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9927373c2306578f2f21f85b3859fe4e280b7d9a","claim":"Omega Flex, Inc. reported twelve months ended December 31, 2022 results: revenue $ 125,487,000, net income $ 23,622,000, EPS $ 2.34.","evidence_excerpt":"For the Period Ended December 31, Twelve Months Three Months 2022 2021 2022 2021 Net Sales $ 125,487,000 $ 130,011,000 $ 30,817,000 $ 35,457,000 Net Income attributable to Omega Flex, Inc. $ 23,622,000 $ 26,195,000 $ 6,181,000 $ 7,596,000 Earnings Per Share – Basic and Diluted $ 2.34 $ 2.60 $ 0.61 $ 0.75","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/0001493152-23-005786-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve months ended December 31, 2022"},{"label":"Revenue","value":"$ 125,487,000"},{"label":"Net income","value":"$ 23,622,000"},{"label":"EPS","value":"$ 2.34"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"de56760caefedb397fa53d6e16cd5bcc8c796645","claim":"Omega Flex, Inc. reported three months ended December 31, 2022 results: revenue $ 30,817,000, net income $ 6,181,000, EPS $ 0.61.","evidence_excerpt":"For the Period Ended December 31, Twelve Months Three Months 2022 2021 2022 2021 Net Sales $ 125,487,000 $ 130,011,000 $ 30,817,000 $ 35,457,000 Net Income attributable to Omega Flex, Inc. $ 23,622,000 $ 26,195,000 $ 6,181,000 $ 7,596,000 Earnings Per Share – Basic and Diluted $ 2.34 $ 2.60 $ 0.61 $ 0.75","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/0001493152-23-005786-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2022"},{"label":"Revenue","value":"$ 30,817,000"},{"label":"Net income","value":"$ 6,181,000"},{"label":"EPS","value":"$ 0.61"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}