secwatch.observer — SEC 8-K summary
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Issuer:     VirTra, Inc (VTSI)
CIK:        0001085243
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001641172-25-000954
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VirTra Q4 revenue $5.4M, down 50% YoY; net loss $0.9M vs net income $3.5M prior year
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- Q4 bookings $12.2M, up 37% sequentially; backlog $22M at year-end 2024.
- Full-year revenue $26.4M (down 32% YoY); net income $1.4M (down 85% from $9.2M).
- Adjusted EBITDA (Q4) ($1.8M) vs $3.0M prior year; includes $0.75M negative revenue adjustment.
- Ended Q4 with $18.0M cash, $34.8M working capital; one-time $275K lease settlement incurred.
- IVAS program completed 42 days ahead of schedule; transition to Anduril noted as positive.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085243/000164117225000954/0001641172-25-000954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085243/000164117225000954/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-000954

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