{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-004400","form_type":"8-K","ticker":"SMID","cik":"0000924719","company_name":"SMITH MIDLAND CORP","filed_at":"2022-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:04:04.442833+00:00","generated_at":"2026-06-26T11:25:31.253327+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":"Smith-Midland posts record FY2021 EPS of $1.45, revenue up 15% YoY","bullets":["Net income for FY2021 grew 184% to $7.6M ($1.45 EPS) vs $0.51; PPP loan forgiveness contributed $0.51 EPS.","Total revenue up 15% to $50.6M; barrier rental revenue increased 44% to ~$10M; royalty revenue up 31% to $2.2M.","Q4 2021 revenue down 10% to $10.0M; operating loss of $179K vs income of $1.3M in Q4 2020.","Backlog rose to $29M from $19.6M; plans $5M for rental fleet expansion to ~550k linear feet.","Company expects slow Q1 2022 then increased sales in H2 2022; cites infrastructure bill as positive driver."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-004400","json":"https://secwatch.observer/filing/0001654954-22-004400.json","markdown":"https://secwatch.observer/filing/0001654954-22-004400.md","text":"https://secwatch.observer/filing/0001654954-22-004400.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924719/000165495422004400/0001654954-22-004400-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924719/000165495422004400/smid_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T11:25:31.253327+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"}