secwatch.observer — SEC 8-K summary
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Issuer:     NORTECH SYSTEMS INC (NSYS)
CIK:        0000722313
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001641172-25-001475
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nortech Systems Q4 net sales $28.6M, net loss $1.5M; defense delay cited
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/722313/000164117225001475/0001641172-25-001475-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/722313/000164117225001475/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-001475

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