{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-001475","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.187630+00:00","generated_at":"2026-05-24T02:39:55.260859+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":"Nortech Systems Q4 net sales $28.6M, net loss $1.5M; defense delay cited","bullets":["Net sales $28.6M (-20.6% YoY); net loss $1.5M vs $4.4M profit in Q4 2023.","Adjusted EBITDA loss of $585K; full-year 2024 net loss $1.3M vs $6.9M profit.","Defense customer approval delays for facility transfers from closed Blue Earth plant impacted Q4 sales.","90-day backlog $26.5M; majority of approval backlog expected to clear in Q2 2025.","Restructuring consolidates North American footprint; fiber optics R&D investment ongoing."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-001475","json":"https://secwatch.observer/filing/0001641172-25-001475.json","markdown":"https://secwatch.observer/filing/0001641172-25-001475.md","text":"https://secwatch.observer/filing/0001641172-25-001475.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000164117225001475/0001641172-25-001475-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000164117225001475/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:39:55.260859+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"}