{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-012354","form_type":"8-K","ticker":"VTSI","cik":"0001085243","company_name":"VirTra, Inc","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.226200+00:00","generated_at":"2026-06-04T04:19:39.138282+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"VirTra reports record annual revenue $38.0M (+34% YoY); net income $8.4M","bullets":["Full-year 2023 revenue $38.0M, up 34% from $28.3M; net income $8.4M vs $2.0M.","Q4 2023 revenue $10.1M (+17% YoY); net income $2.8M vs $1.4M; diluted EPS $0.25.","Gross margin improved to 83% in Q4 (61% prior year) and 70% for full year (57%).","Adjusted EBITDA $11.6M for 2023, up from $4.0M; backlog reduced to $19.4M entering 2024.","New V-XR extended reality platform and military software integration expected to drive 2024 growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-012354","json":"https://secwatch.observer/filing/0001493152-24-012354.json","markdown":"https://secwatch.observer/filing/0001493152-24-012354.md","text":"https://secwatch.observer/filing/0001493152-24-012354.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085243/000149315224012354/0001493152-24-012354-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085243/000149315224012354/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:19:39.138282+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":"21b0e4fb71f3b75373ba63cdbf19a6ccafed2ce7","claim":"VirTra, Inc reported for the full year ended December 31, 2023 results: revenue $38.0 million, net income $8.4 million, EPS $0.77 per diluted share.","evidence_excerpt":"in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 VirTra Reports Fourth Quarter and Full Year 2023 Financial Results Annual Revenue Grows to a Record $38.0 Million, Marking a 34% Increase Net Income Increases to $8.4 Million in 2023 CHANDLER, Ariz. — April 1, 2024 — VirTra, Inc . (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085243/000149315224012354/0001493152-24-012354-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the full year ended December 31, 2023"},{"label":"Revenue","value":"$38.0 million"},{"label":"Net income","value":"$8.4 million"},{"label":"EPS","value":"$0.77 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4deb8e5abdc273a4c17d9835108f105d573763d3","claim":"VirTra, Inc reported for the fourth quarter ended December 31, 2023 results: revenue $10.1 million, net income $2.8 million, EPS $0.25 per diluted share.","evidence_excerpt":"December 31, 2023. The financial statements are available on VirTra’s website and here . Fourth Quarter 2023 Financial Summary: ● Total revenue increased 17% year-over-year to $10.1 million ● Gross profit increased 58% year-over-year to $8.4 million, or 83% of total revenue ● Net income increased by $1.4 million year-over-year to $2.8 million ● Adjusted EBITDA","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1085243/000149315224012354/0001493152-24-012354-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$10.1 million"},{"label":"Net income","value":"$2.8 million"},{"label":"EPS","value":"$0.25 per diluted share"},{"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"}