{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-000867","form_type":"8-K","ticker":"NSSC","cik":"0000069633","company_name":"NAPCO SECURITY TECHNOLOGIES, INC","filed_at":"2022-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.450727+00:00","generated_at":"2026-06-27T10:51:36.155453+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Napco Q2 revenue up 23% to record $33.4M; net income falls 68% to $1.0M on supply chain woes","bullets":["Recurring service revenue grew 35% to $11.0M with 87% gross margin; annualized run rate $46.2M.","Adjusted EBITDA declined 29% to $3.0M; EPS $0.03 vs $0.09 a year ago due to supply chain disruptions.","Hardware gross margin fell $2.6M from freight cost increases and mix shift to Starlink radios.","Cash, equivalents, and securities $47.4M with no debt; strong balance sheet; school security orders increasing."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-000867","json":"https://secwatch.observer/filing/0001558370-22-000867.json","markdown":"https://secwatch.observer/filing/0001558370-22-000867.md","text":"https://secwatch.observer/filing/0001558370-22-000867.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69633/000155837022000867/0001558370-22-000867-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69633/000155837022000867/nssc-20220207x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T10:51:36.155453+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"}