{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-005327","form_type":"8-K","ticker":"MPX","cik":"0001129155","company_name":"MARINE PRODUCTS CORP","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.603707+00:00","generated_at":"2026-05-23T06:41:36.561528+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":"Marine Products Q1 net sales down 15% to $59M, EPS $0.06; declares $0.14 dividend","bullets":["Net sales $59.0M, down 15% YoY; boats sold down 19%, partially offset by 4% price/mix increase.","Net income $2.2M ($0.06 diluted EPS), down 52% from $4.6M ($0.13) in 1Q:24.","EBITDA $3.4M, down 43%; margin 5.8% vs 8.5% a year ago.","Ended quarter with $57.1M cash, no debt; generated $10.8M operating cash flow.","Board declared $0.14/share regular quarterly dividend, payable June 10, 2025 to holders of record May 9, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-005327","json":"https://secwatch.observer/filing/0001558370-25-005327.json","markdown":"https://secwatch.observer/filing/0001558370-25-005327.md","text":"https://secwatch.observer/filing/0001558370-25-005327.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1129155/000155837025005327/0001558370-25-005327-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1129155/000155837025005327/mpx-20250424x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T06:41:36.561528+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"}