---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-000486"
form_type: "8-K"
ticker: "SODI"
cik: "0000091668"
company_name: "SOLITRON DEVICES INC"
filed_at: "2022-01-14T23:59:59+00:00"
generated_at: "2026-06-27T18:06:44.983699+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Solitron Devices Q3 net income $0.49M vs loss; nine-month sales +30% to $10.31M

## Summary
- Net sales $2.47M (+7% YoY); net income $0.49M ($0.24/diluted share) vs loss of ($0.03M) in prior-year quarter.
- Nine-month net sales $10.31M (+30% YoY); net income $3.97M ($1.90/share) vs $0.98M, up 306%.
- Q4 FY2022 sales expected ~$1.5M due to planned facility relocation; production to outpace sales, inventory build expected.
- PPP loan forgiveness of $812k contributed to nine-month other income; scrap income of $357k also recognized.
- Management expects $1.0M annual cost savings post-relocation; evaluating potential acquisitions.

## SEC filing metadata
- accession: 0001654954-22-000486
- form_type: 8-K
- ticker: SODI
- cik: 0000091668
- company_name: SOLITRON DEVICES INC
- filed_at: 2022-01-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91668/000165495422000486/0001654954-22-000486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91668/000165495422000486/sodi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-000486
- JSON: https://secwatch.observer/filing/0001654954-22-000486.json
- Plain text: https://secwatch.observer/filing/0001654954-22-000486.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.