{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-006731","form_type":"8-K","ticker":"SMID","cik":"0000924719","company_name":"SMITH MIDLAND CORP","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.879872+00:00","generated_at":"2026-06-15T00:24:43.988091+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Smith-Midland Q1 revenue up 23% to $12.8M; net income $0.02/share, backlog $51.4M","bullets":["Revenue $12.8M (+23% YoY); product sales $8.2M (+41%), service revenue flat at $4.6M.","Net income $80k ($0.02 diluted) vs net loss $119k in Q1 2022; operating income $54k.","Backlog $51.4M as of May 2023; awarded $6M architectural panels and $5M SoftSound noise wall contracts.","Cash $3.9M, debt $6.2M at March 31, 2023; capital spending $1.2M in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-006731","json":"https://secwatch.observer/filing/0001654954-23-006731.json","markdown":"https://secwatch.observer/filing/0001654954-23-006731.md","text":"https://secwatch.observer/filing/0001654954-23-006731.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924719/000165495423006731/0001654954-23-006731-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924719/000165495423006731/smid_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:24:43.988091+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":"219ffffb3ce287d6c974fb05310072cc1a221a03","claim":"SMITH MIDLAND CORP reported the period ended March 31, 2023 results: revenue $12.8 million, net income $80,000, EPS $0.02 per diluted share.","evidence_excerpt":"· Revenue increased 23 percent to $12.8 million from $10.4 million · Product sales increased 41 percent to $8.2 million from $5.9 million · Service revenue unchanged at $4.6 million · Operating income of $54,000, a $227,000 improvement · Net income of $80,000, or $0.02 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924719/000165495423006731/0001654954-23-006731-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the period ended March 31, 2023"},{"label":"Revenue","value":"$12.8 million"},{"label":"Net income","value":"$80,000"},{"label":"EPS","value":"$0.02 per diluted share"},{"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"}