{"schema_version":"secwatch.filing_event.v1","accession":"0001999371-25-006252","form_type":"8-K","ticker":"CVU","cik":"0000889348","company_name":"CPI AEROSTRUCTURES INC","filed_at":"2025-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.640815+00:00","generated_at":"2026-05-21T07:01:48.546660+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CPI Aero Q1 net loss $1.3M after $2.1M A-10 program charge; revenue falls to $15.4M","bullets":["Revenue $15.4M vs $19.1M in Q1 2024; net loss of $1.3M vs net income of $0.2M.","A-10 program pre-tax loss of $2.1M due to higher manufacturing costs on 2019 fixed-price contract.","Excluding A-10 impact, gross margin was 21.6% vs 18.6% prior year; income before tax was $0.5M.","Debt reduced to $16.7M (all-time low); Debt-to-Adjusted EBITDA ratio 2.9, ninth consecutive quarter below 3.0.","Backlog $516M with new awards from L3Harris, Raytheon, Lockheed, Embraer."],"urls":{"canonical":"https://secwatch.observer/filing/0001999371-25-006252","json":"https://secwatch.observer/filing/0001999371-25-006252.json","markdown":"https://secwatch.observer/filing/0001999371-25-006252.md","text":"https://secwatch.observer/filing/0001999371-25-006252.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889348/000199937125006252/0001999371-25-006252-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889348/000199937125006252/cvu-8k_051525.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T07:01:48.546660+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"}