{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-005807","form_type":"8-K","ticker":null,"cik":"0000933738","company_name":"ENGLOBAL CORP","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.545100+00:00","generated_at":"2026-06-02T08:14:34.777943+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"ENGlobal Q1 revenue down 51% YoY to $6.5M; net loss narrows to $1.4M","bullets":["Net loss of $1.4M ($0.27 per diluted share) vs loss of $6.3M ($1.33) a year ago.","Revenue $6.5M, down from $13.2M; gross profit improved to $464K from ($1.8M).","SG&A expense reduced to $2.0M from $4.4M; billable resource utilization above 80%.","Backlog $10.8M; booked $5.7M in new business in Q1.","CEO cites ongoing restructuring, path to profitability, and potential strategic partner discussions."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-005807","json":"https://secwatch.observer/filing/0001654954-24-005807.json","markdown":"https://secwatch.observer/filing/0001654954-24-005807.md","text":"https://secwatch.observer/filing/0001654954-24-005807.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933738/000165495424005807/0001654954-24-005807-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933738/000165495424005807/eng_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T08:14:34.777943+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":"4e307492b14503441561da1ffeb3577c56e864fb","claim":"ENGLOBAL CORP reported the three-months ended March 30, 2024 results: revenue $6.5 million, net income Net loss in the quarter was $1.4 million, EPS $0.27 per fully diluted share.","evidence_excerpt":"are on a path to profitability through improved operating efficiencies and a commitment to enhanced project execution.” Revenues for the three months ended March 30, 2024 were $6.5 million compared to $13.2 million for the same period in 2023. Net loss in the quarter was $1.4 million, compared to a net loss of $6.3 million in the same quarter a year ago. ENGlobal","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/933738/000165495424005807/0001654954-24-005807-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-months ended March 30, 2024"},{"label":"Revenue","value":"$6.5 million"},{"label":"Net income","value":"Net loss in the quarter was $1.4 million"},{"label":"EPS","value":"$0.27 per fully 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"}