secwatch.observer — SEC 8-K summary
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Issuer:     VirTra, Inc (VTSI)
CIK:        0001085243
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001493152-23-040952
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VirTra Q3 revenue up 54% to $7.6M; net income $1.6M vs loss $0.8M YoY
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- Q3 revenue $7.6M (+54% YoY); gross margin 71% vs 51%; net income $1.6M, EPS $0.15 vs ($0.07).
- Adjusted EBITDA $2.9M vs ($0.5M) YoY; nine-month adjusted EBITDA $9.4M vs $1.7M.
- Nine-month revenue $27.9M (+42% YoY); net income $5.6M, EPS $0.51 vs $0.05.
- Cash $17.2M; CFO notes temporary Q3 booking slowdown due to government shutdown, expects rebound.
- Launched V-XR extended reality training solution; strong pre-orders; positions for growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085243/000149315223040952/0001493152-23-040952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085243/000149315223040952/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040952

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer