secwatch.observer — SEC 8-K summary
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Issuer:     CPI AEROSTRUCTURES INC (CVU)
CIK:        0000889348
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001999371-24-004426
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 4.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPI Aerostructures restates 2022 deferred tax balances; files late 10-K notice
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- Deferred tax asset and liability each overstated by $2.6M due to inadequate review of temporary differences.
- No material impact on previously reported net income, EPS, or cash flow for FY2022.
- Files Form 12b-25 for delayed 2023 10-K; expects to file by April 16, 2024.
- Material weakness identified; remediation underway.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889348/000199937124004426/0001999371-24-004426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889348/000199937124004426/cvu-8k_040324.htm
  HTML page:      https://secwatch.observer/filing/0001999371-24-004426

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