{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-009682","form_type":"8-K","ticker":"VTSI","cik":"0001085243","company_name":"VirTra, Inc","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.463678+00:00","generated_at":"2026-05-21T22:53:10.386589+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"VirTra Q1 net income $1.3M, bookings up 120% YoY to $6.4M","bullets":["Net income $1.3M ($0.11 EPS) vs $0.5M ($0.04 EPS) in Q1 2024; adjusted EBITDA $1.7M up 22%.","Bookings $6.4M, up 120% YoY from $2.9M; backlog $21.2M including $9.9M capital contracts.","Revenue $7.2M (-3% YoY) but gross margin improved to 72.6% from 64.2%; gross profit $5.2M.","Cash $17.6M, working capital $35.3M, debt-light; STEP agreements enhanced to three-year commitments.","V-XR first delivery expected Q2; IVAS recoil kit validation; GSA procurement reentered."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-009682","json":"https://secwatch.observer/filing/0001641172-25-009682.json","markdown":"https://secwatch.observer/filing/0001641172-25-009682.md","text":"https://secwatch.observer/filing/0001641172-25-009682.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1085243/000164117225009682/0001641172-25-009682-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1085243/000164117225009682/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T22:53:10.386589+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"}