{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-014652","form_type":"8-K","ticker":"SMID","cik":"0000924719","company_name":"SMITH MIDLAND CORP","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.069114+00:00","generated_at":"2026-06-22T11:17:07.951167+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Smith-Midland Q3 net income $5K on revenue $12M; backlog hit record $51.4M","bullets":["Revenue $12.0M (down 8.4% YoY); net income $5K ($0.00 EPS) vs $3.7M ($0.71) including $2.7M PPP gain.","Record backlog of $51.4M (+80% YoY); awarded $8.6M NCDOT contract post-quarter.","Royalty revenue $833K (+23%); Easi-Set building revenue $1.523M (+168%).","Cash $10.8M, debt $6.6M; capital spending $1.8M vs $0.3M in Q3 2021.","Completed crash test for low-profile barriers targeting Texas and Florida markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-014652","json":"https://secwatch.observer/filing/0001654954-22-014652.json","markdown":"https://secwatch.observer/filing/0001654954-22-014652.md","text":"https://secwatch.observer/filing/0001654954-22-014652.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924719/000165495422014652/0001654954-22-014652-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924719/000165495422014652/smid_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T11:17:07.951167+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":[{"claim_id":"e39446625c3ce023647b8068a40971149d3b6dbf","claim":"SMITH MIDLAND CORP reported third quarter ended September 30, 2022 results: revenue $12.0 million, net income $5,000, EPS breakeven on a diluted share basis.","evidence_excerpt":"80 percent to $51.4 million, a record for the Company · Royalty revenue increased 23% to $833,000 · Easi-Set building revenue increased 168% to $1,523,000 · Total revenue of $12.0 million, compared to $13.1 million · Product sales of $7.1 million, compared to $7.2 million Additional Items Subsequent to the Quarter · Awarded $8.6 million contract (included in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924719/000165495422014652/0001654954-22-014652-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$12.0 million"},{"label":"Net income","value":"$5,000"},{"label":"EPS","value":"breakeven on a diluted share basis"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}