{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-015074","form_type":"8-K","ticker":"NSSC","cik":"0000069633","company_name":"NAPCO SECURITY TECHNOLOGIES, INC","filed_at":"2021-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.288587+00:00","generated_at":"2026-06-28T11:47:35.532676+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Napco Q1 FY2022: Revenue +34% to $31.1M, EPS $0.42 vs $0.13 YoY, record net income $7.8M","bullets":["Net sales rose 34% YoY to a quarterly record $31.1M; recurring service revenue up 41% to $10.2M with 86% gross margin.","Net income surged 234% to $7.8M ($0.42 diluted EPS) versus $2.3M ($0.13) in prior year; adjusted EBITDA $8.6M, up 170%.","Excluding $3.9M debt extinguishment gain, net income was $3.8M ($0.21 EPS); cash and securities $43.2M.","Hardware gross margin fell to 22% due to freight and component cost increases from global supply chain disruptions.","Company sees continued momentum; school security and new Air Access cellular access control as growth drivers."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-015074","json":"https://secwatch.observer/filing/0001558370-21-015074.json","markdown":"https://secwatch.observer/filing/0001558370-21-015074.md","text":"https://secwatch.observer/filing/0001558370-21-015074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69633/000155837021015074/0001558370-21-015074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69633/000155837021015074/nssc-20211108x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T11:47:35.532676+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"}