{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-024063","form_type":"8-K","ticker":"PPSI","cik":"0001449792","company_name":"PIONEER POWER SOLUTIONS, INC.","filed_at":"2026-05-18T11:35:25+00:00","discovered_at":"2026-05-18T11:40:00.281016+00:00","generated_at":"2026-05-18T11:41:45.692243+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Pioneer Power Q1 revenue falls 37% to $4.3M; gross margin soars to 13.6% from 2.2%; $6M PRYMUS award","bullets":["Q1 revenue $4.3M vs $6.7M YoY; gross profit $582K (13.6% margin) vs $148K (2.2%)","Operating loss $2.0M (vs $2.3M); net loss $2.5M (vs $929K incl $1.1M discontinued ops)","Backlog $13.9M, up 11% from Dec 31; cash $13.6M; no bank debt","$6M PRYMUS award for two 1.2 MW systems from national logistics customer; delivery H2 2026","Cost cuts expected to reduce opex by $1.5M annually; first e-Boost unit shipped to UAE"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-024063","json":"https://secwatch.observer/filing/0001493152-26-024063.json","markdown":"https://secwatch.observer/filing/0001493152-26-024063.md","text":"https://secwatch.observer/filing/0001493152-26-024063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1449792/000149315226024063/0001493152-26-024063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1449792/000149315226024063/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T11:41:45.692243+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":"40c309422ff38dc56e84ea34980defe9cc0e40f6","claim":"PIONEER POWER SOLUTIONS, INC. reported first quarter ended March 31, 2026 results: revenue $4.3 million, net income $2.5 million.","evidence_excerpt":"to more than $500,000 per month during the quarter, as reflected in the Company’s higher backlog levels as of March 31, 2026. Q1 2026 Financial Highlights ● Revenue was $4.3 million, compared to $6.7 million for the same quarter in 2025. ● Gross profit was $582,000, or a gross margin of 13.6%, as compared to $148,000, or a gross margin of 2.2%, for the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1449792/000149315226024063/0001493152-26-024063-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$4.3 million"},{"label":"Net income","value":"$2.5 million"},{"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"}