secwatch.observer — SEC 8-K summary
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Issuer:     VirTra, Inc (VTSI)
CIK:        0001085243
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001641172-25-022970
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VirTra Q2 revenue up 15% to $7.0M; net income falls to $0.2M from $1.2M YoY
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- Q2 2025 revenue $7.0M vs $6.1M YoY (+15%); gross margin 69% (down from 91% due to product mix).
- Net income $0.2M ($0.02 diluted EPS) vs $1.2M ($0.11) in Q2 2024; adjusted EBITDA $0.7M vs $1.6M.
- Backlog $18.8M at June 30, with $7.1M capital, $5.7M service, $6.0M STEP contracts.
- Six-month revenue $14.1M (+5% YoY); net income $1.4M vs $1.7M; operating expense down 9%.
- Cash $20.7M; working capital $34.1M; DOJ COPS grant program reopening cited as positive development.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085243/000164117225022970/0001641172-25-022970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085243/000164117225022970/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-022970

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