{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-030672","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.705194+00:00","generated_at":"2026-05-31T11:24:54.920870+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":"Nortech Systems Q2 net sales $33.9M, net income down 75% YoY to $157K","bullets":["Net sales $33.9M in Q2 2024, down 3.2% YoY from $35.0M.","Net income $157K ($0.06 diluted EPS) vs $634K ($0.24) in Q2 2023, down 75.2%.","Adjusted EBITDA $919K vs $1.622M in prior year, down 43.3%.","90-day backlog $30.1M as of June 30, 2024.","Minnesota facility optimization to save at least $1.6M annually starting 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-030672","json":"https://secwatch.observer/filing/0001493152-24-030672.json","markdown":"https://secwatch.observer/filing/0001493152-24-030672.md","text":"https://secwatch.observer/filing/0001493152-24-030672.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000149315224030672/0001493152-24-030672-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000149315224030672/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:24:54.920870+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"}