{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-006730","form_type":"8-K","ticker":"SMID","cik":"0000924719","company_name":"SMITH MIDLAND CORP","filed_at":"2022-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:04:04.443254+00:00","generated_at":"2026-06-25T17:27:14.597066+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Smith-Midland Q1 revenue down 31% to $10.4M; net loss $0.1M vs prior year profit","bullets":["Revenue $10.4M (down 31% YoY); operating loss $0.2M vs operating income $3.8M in Q1 2021.","Net loss $0.1M ($0.02 loss per share) vs net income $2.9M ($0.55 EPS) in prior year.","Backlog up 13% to $32.7M; core rental barrier fleet revenue grew 12% despite total rental revenue decline.","Subsequent awards: $6.6M NC plant contract (largest ever), $2M HRBT soundwall contract; rental fleet to more than double.","Company attributes results to non-recurring special projects and operational delays; cash $14.8M, debt $6.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-006730","json":"https://secwatch.observer/filing/0001654954-22-006730.json","markdown":"https://secwatch.observer/filing/0001654954-22-006730.md","text":"https://secwatch.observer/filing/0001654954-22-006730.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924719/000165495422006730/0001654954-22-006730-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924719/000165495422006730/smid_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T17:27:14.597066+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"}