{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-009023","form_type":"8-K","ticker":"OFLX","cik":"0001317945","company_name":"Omega Flex, Inc.","filed_at":"2024-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.744896+00:00","generated_at":"2026-06-05T02:26:37.260012+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Omega Flex reports FY2023 revenue down 11.2%; EPS falls to $2.06 from $2.34","bullets":["Net sales $111.5M for FY2023, down 11.2% vs $125.5M in FY2022.","Net income $20.8M, down 12.1%; diluted EPS $2.06 vs $2.34.","Q4 net sales $28.1M, down 8.7% YoY; Q4 EPS $0.48 vs $0.61.","Decline driven by lower unit volumes due to suppressed housing starts, partially offset by lower product liability reserves and marketing costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-009023","json":"https://secwatch.observer/filing/0001493152-24-009023.json","markdown":"https://secwatch.observer/filing/0001493152-24-009023.md","text":"https://secwatch.observer/filing/0001493152-24-009023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1317945/000149315224009023/0001493152-24-009023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1317945/000149315224009023/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:26:37.260012+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":"864d26cf8a5bfa39eb1ecc96a4d8e1b5641e0739","claim":"Omega Flex, Inc. reported twelve months ended December 31, 2023 results: revenue $111,465,000, net income $20,763,000, EPS $2.06.","evidence_excerpt":"“Omega Flex, Inc. Announces Fourth Quarter 2023 Earnings” OMEGA FLEX, INC. (OFLX) For the Period Ended December 31, Twelve Months Three Months 2023 2022 2023 2022 Net Sales $ 111,465,000 $ 125,487,000 $ 28,147,000 $ 30,817,000 Net Income attributable to Omega Flex, Inc. $ 20,763,000 $ 23,622,000 $ 4,889,000 $ 6,181,000 Earnings Per Share – Basic and Diluted $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317945/000149315224009023/0001493152-24-009023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve months ended December 31, 2023"},{"label":"Revenue","value":"$111,465,000"},{"label":"Net income","value":"$20,763,000"},{"label":"EPS","value":"$2.06"},{"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"}