{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-022972","form_type":"8-K","ticker":"PPSI","cik":"0001449792","company_name":"PIONEER POWER SOLUTIONS, INC.","filed_at":"2024-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.467723+00:00","generated_at":"2026-06-01T05:51:56.272242+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Pioneer Power Solutions to restate 2022 and 2023 financials due to revenue recognition errors","bullets":["Audit Committee concluded FY2022 and Q1 2022–Q3 2023 financials should no longer be relied upon.","Errors from using estimated labor hours to measure progress on over-time contracts; actual hours differed materially.","Restatement will adjust revenue and cost recognition; corrected figures to be filed in 2023 Form 10-K.","Independent auditor Marcum LLP was notified of the matter.","No specific dollar impact disclosed; company has not yet filed the 2023 10-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-022972","json":"https://secwatch.observer/filing/0001493152-24-022972.json","markdown":"https://secwatch.observer/filing/0001493152-24-022972.md","text":"https://secwatch.observer/filing/0001493152-24-022972.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1449792/000149315224022972/0001493152-24-022972-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1449792/000149315224022972/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T05:51:56.272242+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}