{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-006150","form_type":"8-K","ticker":"SMID","cik":"0000924719","company_name":"SMITH MIDLAND CORP","filed_at":"2025-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.844412+00:00","generated_at":"2026-05-20T09:52:09.011389+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Smith-Midland reports record annual revenue $78.5M, net income $7.7M","bullets":["FY 2024 revenue up 32% to $78.5M; net income of $7.7M ($1.45 diluted EPS) vs $795K ($0.15) in FY 2023.","Q4 2024 revenue rose 13% to $18.5M; net income of $1.4M ($0.26 diluted EPS) vs $230K ($0.04) a year ago.","Gross margin improved 760 bps to 25.5% for FY 2024, driven by higher volumes and fixed cost absorption.","Backlog was $59.5M as of March 2025, roughly flat year-over-year; most expected to ship within 12 months.","Preliminary Q1 2025 revenue, gross margin and net income each expected substantially above Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-006150","json":"https://secwatch.observer/filing/0001654954-25-006150.json","markdown":"https://secwatch.observer/filing/0001654954-25-006150.md","text":"https://secwatch.observer/filing/0001654954-25-006150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924719/000165495425006150/0001654954-25-006150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924719/000165495425006150/smid_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T09:52:09.011389+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"}