---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-008832"
form_type: "8-K"
ticker: "SODI"
cik: "0000091668"
company_name: "SOLITRON DEVICES INC"
filed_at: "2024-07-12T23:59:59+00:00"
generated_at: "2026-05-31T21:38:33.574710+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Solitron Devices FY2024 Q4 net sales +167% to $4M; net income $5.8M ($2.78/share) with $2.24M bargain gain

## Summary
- Net sales Q4 $4.0M (up 167% YoY); full year $12.76M (up 99% YoY); includes $1.52M from MEI acquisition.
- Net income Q4 $5.8M ($2.78/share) vs $0.23M ($0.11) YoY; includes $2.24M bargain purchase gain and $3.02M tax benefit.
- Backlog $11.21M at Q4 end (+47% YoY); net bookings Q4 $2.23M (-18% YoY) but full year $14.12M (+47% YoY).
- Adjusted Q4 operating income $766K excluding acquisition costs; reported operating income $368K.
- Guidance: Fiscal 2025 Q1 revenue expected ~$3.82M; Q1 bookings ~$2.04M.

## SEC filing metadata
- accession: 0001654954-24-008832
- form_type: 8-K
- ticker: SODI
- cik: 0000091668
- company_name: SOLITRON DEVICES INC
- filed_at: 2024-07-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91668/000165495424008832/0001654954-24-008832-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91668/000165495424008832/sodi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-008832
- JSON: https://secwatch.observer/filing/0001654954-24-008832.json
- Plain text: https://secwatch.observer/filing/0001654954-24-008832.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.