secwatch.observer — SEC 8-K summary
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Issuer:     VirTra, Inc (VTSI)
CIK:        0001085243
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001493152-23-010253
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VirTra FY2022 revenue $28.3M (+16% YoY), record backlog $27.7M, Q4 EPS $0.13
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- Total revenue $28.3M for 2022, up 16% YoY; Q4 revenue $8.7M (+1% YoY).
- Record backlog of $27.7M at Dec 31, 2022, up 20% YoY; record bookings $33.0M.
- Q4 net income $1.4M ($0.13 diluted EPS); FY net income $2.0M ($0.18 diluted EPS).
- Q4 gross margin improved to 61.4% (vs 32.7% in Q4 2021); FY gross margin 57.4%.
- Adjusted EBITDA of $3.6M for FY2022, up 72% YoY; Q4 adjusted EBITDA $1.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085243/000149315223010253/0001493152-23-010253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085243/000149315223010253/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-010253

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