{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-013052","form_type":"8-K","ticker":"SMID","cik":"0000924719","company_name":"SMITH MIDLAND CORP","filed_at":"2025-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.638072+00:00","generated_at":"2026-05-16T20:03:45.710944+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Smith-Midland Q3 net income $2.9M ($0.54/sh) on revenue $21.5M; product sales up 11%","bullets":["Revenue $21.5M vs $23.6M YoY; product sales increased 11% to $11.9M.","Service revenue fell to $9.5M from $12.8M due to non-recurring barrier projects.","Net income $2.9M ($0.54 diluted) vs $3.2M ($0.59) a year ago; gross margin 26.8%.","Backlog $54.8M as of Nov 1 (vs $62.8M prior year); majority expected within 12 months.","Cash $13.4M, debt $4.6M; company sees tailwinds from infrastructure and data center demand."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-013052","json":"https://secwatch.observer/filing/0001654954-25-013052.json","markdown":"https://secwatch.observer/filing/0001654954-25-013052.md","text":"https://secwatch.observer/filing/0001654954-25-013052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924719/000165495425013052/0001654954-25-013052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924719/000165495425013052/smid_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T20:03:45.710944+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"}