secwatch.observer — SEC 8-K summary
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Issuer:     PRECISION OPTICS CORPORATION, INC. (POCI)
CIK:        0000867840
Form:       8-K/A
Filed at:   2021-12-20T23:59:59+00:00
Accession:  0001683168-21-006481
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Precision Optics provides audited & pro forma financials for Lighthouse Imaging acquisition
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- Lighthouse Imaging 2020 revenue $3.71M with net income $10K; 2019 revenue $3.19M with net loss $765K.
- For nine months ended Sep 30, 2021, Lighthouse revenue $3.94M and net income $247K.
- Pro forma combined balance sheet as of Jun 30, 2021 shows total assets $16.2M and cash $1.61M.
- Lighthouse customer deposits grew from $247K (2019) to $827K (Sep 2021), indicating strong order pipeline.
- Precision Optics financed acquisition with $4.1M in new cash and $2.6M notes payable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/867840/000168316821006481/0001683168-21-006481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/867840/000168316821006481/poci_8ka1.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-006481

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer