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BK Technologies Corp — fact timeline

Source-grounded facts extracted from BK Technologies Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BKTI BK Technologies Corp JSON
Shareholder Votes

BK Technologies Corp shareholders approved Advisory Approval of Named Executive Officer Compensation at the 2026-06-18 meeting.

“Proposal 3 – Advisory Approval of Named Executive Officer Compensation For Against Abstain Broker Non-Votes 1,696,842 853,725 12,903 585,565”
Shareholder Votes

BK Technologies Corp shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-18 meeting.

“Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm For Against Abstain 3,008,901 127,408 12,726”
Shareholder Votes

BK Technologies Corp shareholders approved Election of Directors at the 2026-06-18 meeting.

“Proposal 1 – Election of Directors Nominee ​ For ​ ​ Withheld ​ ​ Broker Non-Votes ​ Joshua S. Horowitz ​ ​ 2,423,552 ​ ​ ​ 139,918 ​ ​ ​ 585,565 ​ R. Joseph Jackson ​ ​ 2,527,800 ​ ​ ​ 35,670 ​ ​ ​ 585,565 ​ Charles T. Lanktree ​ ​ 2,364,746 ​ ​ ​ 198,724 ​ ​ ​ 585,565 ​ E. Gray Payne ​ ​ 2,362,869 ​ ​ ​ 200,601 ​ ​ ​ 585,565 ​ Lloyd R. Sams ​ ​ 2,427,991 ​ ​ ​ 135,479 ​ ​ ​ 585,565 ​ Bradley A. Stoddard ​ ​ 2,546,807 ​ ​ ​ 16,663 ​ ​ ​ 585,565 ​ John M. Suzuki ​ ​ 2,542,950 ​ ​ ​ 20,520 ​ ​ ​ 585,565”
Earnings Releases

BK Technologies Corp reported first quarter ended March 31, 2026 results: revenue $21.3 million, EPS $0.69. Guidance reaffirmed.

“99.1 ex_960856.htm Exhibit 99.1 BK Technologies Reports First Quarter of Fiscal Year 2026 Results Record Cash Balance Achieved ● Revenue: 1Q26 revenue increased by 12% to $21.3 million. ● Gross margins: 1Q26 gross margin expanded by over 480 basis points to 51.8%. ● Adjusted EBITDA margin: increased 180 basis points to 18.7% 1 ● Earnings: 1Q26 Diluted EPS of”
Earnings Releases

BK Technologies Corp updated its full year 2026 guidance (initiated).

“Introducing full year 2026 targets: $90 million in revenue, gross margin of +50%, GAAP EPS of over $3.15 per diluted share, and non-GAAP adjusted EPS 1 of $3.55 per diluted share.”
Earnings Releases

BK Technologies Corp reported fourth quarter and year ended December 31, 2025 results: revenue Revenue: 4Q25 revenue increased by 20% to $21.5 million; full year 2025 revenue grew 12.5% to $86.1 million., EPS 4Q25 Diluted EPS of $1.05; full year 2025 Diluted EPS of $3.44. Guidance initiated.

“BK Technologies Reports Fourth Quarter and Full Year 2025 Results Above Guidance ● Revenue: 4Q25 revenue increased by 20% to $21.5 million; full year 2025 revenue grew 12.5% to $86.1 million. ● Gross margins: 4Q25 gross margin expanded to 50.4% from 41.2% in 4Q24; full year 2025 gross margin increased to 48.8% from 37.9% in 2024. ● Earnings: 4Q25 Diluted EPS of $1.05, compared to $0.93 in 4Q24; full year 2025 Diluted EPS of $3.44, up from $2.25 in 2024.”
Auditor Changes

BK Technologies Corp engaged Cherry Bekaert LLP as its auditor.

“on May 28, 2025, the Committee approved the appointment of Cherry Bekaert LLP ("CB") as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025, effective as of June 1, 2025, pending completion of CB's customary client acceptance procedures.”
Auditor Changes

BK Technologies Corp dismissed Forvis Mazars, LLP as its auditor.

“On May 28, 2025, the Committee approved the dismissal of Forvis Mazars, LLP ("Forvis Mazars") as the Company's independent registered public accounting firm, effective as of June 1, 2025.”
Auditor Changes

BK Technologies Corp engaged Forvis Mazars, LLP as its auditor.

“The Audit Committee of the Company’s Board of Directors has appointed Forvis Mazars to serve as the Company’s independent registered public accounting firm effective as of November 1, 2024.”
Auditor Changes

MSL P.A. resigned as auditor of BK Technologies Corp.

“effective as of November 1, 2024, MSL resigned as the Company’s independent registered public accounting firm.”
Earnings Releases

BK Technologies Corp reported first quarter ended March 31, 2024 results: revenue $18.2 million, net income $681,000 or $0.19 per basic and diluted share, EPS $0.19 per basic and diluted share.

“by improved profitability with earnings per share of $0.19 and continued strong demand for our radios with backlog increasing to $19 million. First quarter 2024 revenue of $18.2 million was essentially consistent with first quarter 2023 revenue of $18.7 million and increased 12% sequentially compared to fourth quarter 2023. “During the first quarter, we”
Earnings Releases

BK Technologies Corp reported full year ended December 31, 2023 results: revenue $74.1 million, net income ($2.2 million), EPS ($0.65) per basic and diluted share. Guidance raised.

“X-99.1 2 bkti_ex991.htm PRESS RELEASE bkti_ex991.htm EXHIBIT 99.1 BK Technologies Announces Fourth Quarter and Year End 2023 Results 45% Increase in Full Year Revenue to $74.1 Million Fourth Quarter EPS of $0.08 Targeting Full Year 2024 EPS in Excess of $1.50 WEST MELBOURNE, FL March 14, 2024 / BK Technologies Corporation (NYSE American: BKTI) (the “Company,” “BK Technologies”) today announced financial and operating results for the fourth quarter and year ended December 31, 2023.”
Earnings Releases

BK Technologies Corp reported fourth quarter ended December 31, 2023 results: revenue $16.3 million, net income $290,000, EPS $0.08 per basic and diluted share.

“2024 will demonstrate continued profitability as we focus our efforts to establish the BKR9000 as a premier multiband radio in the market to drive additional revenue growth in the coming years.” 1 Fourth Quarter 2023 Financial Review Revenue decreased 20% to $16.3 million, compared with $20.3 million for the fourth quarter of 2022 primarily due to record radio unit shipments in the fourth quarter of 2022, as a result of improved electronic component availability allowing the Company to work through significant backlog.”

Randy Willis retired as Chief Operating Officer at BK Technologies Corp.

“Mr. Randy Willis retired from his position as Chief Operating Officer of BK Technologies Corporation, a Nevada corporation, effective December 31, 2023.”
Shareholder Votes

BK Technologies Corp shareholders approved Advisory Vote on the Frequency of Named Executive Officer Compensation at the 2023-12-14 meeting.

“approved, on an advisory, non-binding basis, a one-year frequency for advisory votes on the compensation of the Company’s named executive officers”
Shareholder Votes

BK Technologies Corp shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-12-14 meeting.

“approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers”
Shareholder Votes

BK Technologies Corp shareholders approved Ratification of Appointment of MSL, P.A. as independent registered public accounting firm for fiscal year 2023 at the 2023-12-14 meeting.

“ratified the appointment of MSL, P.A. as the Company’s independent registered public accounting firm for fiscal year 2023”
Shareholder Votes

BK Technologies Corp shareholders approved Election of Directors at the 2023-12-14 meeting.

“At the Annual Meeting of Stockholders of BK Technologies Corporation (the “Company”) held on December 14, 2023, the Company’s stockholders: (i) elected Joshua S. Horowitz, R. Joseph Jackson, Charles T. Lanktree, E. Gray Payne, Lloyd R. Sams, and John M. Suzuki to serve as directors of the Company until the next annual meeting of stockholders and until their respective successors are duly elected and qualified”
Earnings Releases

BK Technologies Corp reported third quarter ended September 30, 2023 results: revenue $20.1 million, net income $90,000, EPS $0.03 per basic and diluted share.

“will host a conference call today, November 9, 2023 at 9:00 a.m. Eastern Time. Third Quarter 2023 Financial and Operational Update · 68% increase in third quarter revenue to $20.1 million driven by increased shipments, strong demand for the BKR 5000 and introduction of the BKR 9000 radios · Gross margin improved to 32%, as compared to the 19% in third quarter 2022”

John M. Suzuki was appointed as President at BK Technologies Corp.

“the Board of Directors of the Company appointed John M. Suzuki, the Company’s Chief Executive Officer, as the President of the Company, effective as of October 12, 2023.”

Timothy A. Vitou retired as President at BK Technologies Corp.

“Mr. Timothy A. Vitou retired from his position as President of BK Technologies Corporation, a Nevada corporation (the “Company”), effective October 12, 2023.”

John M. Suzuki was appointed as President at BK Technologies Corp.

“Also on September 15, 2023, the Board appointed John M. Suzuki, the Company’s Chief Executive Officer, as the President of the Company, to be effective as of October 12, 2023.”

Timothy A. Vitou resigned as President at BK Technologies Corp.

“On September 15, 2023, Mr. Timothy A. Vitou, President of BK Technologies Corporation, a Nevada corporation (the “Company”), notified the Board of Directors (the “Board”) of the Company, of his planned retirement and resignation from his position as President of the Company, to be effective October 12, 2023.”
Earnings Releases

BK Technologies Corp reported first six months ended June 30, 2023 results: revenue $37.7 million, net income ($2.6 million), EPS ($0.77).

“Revenue increased 101% to $37.7 million, compared with $18.7 million for the first six months of last year. Gross profit margin was 27% compared to 17% for the first six months of last year, reflecting improved costs associated with material and freight during the first half of 2023. Selling, General & Administrative expenses totaled $11.9 million, compared with $10.3 million for the first half of 2022. 2 Operating loss totaled ($1.8 million) compared with operating loss of ($7.1 million) for the first six months of last year. BK Technologies recorded a net loss of ($2.6 million) or ($0.77) per basic and diluted share, compared with a net loss of ($8.3 million) or ($2.45) per basic and diluted share for the first half of last year.”
Earnings Releases

BK Technologies Corp reported second quarter ended June 30, 2023 results: revenue $19.0 million, net income ($1.3 million), EPS ($0.39).

“Revenue increased 57% to $19.0 million, compared with $12.1 million for the second quarter of last year driven by increased radio shipments and demand for the BKR 5000 radio. Gross profit margin was 27% compared to 14% for the same quarter of last year, reflecting improved product costs related to raw material, components and freight costs. Selling, General & Administrative expenses totaled $6.0 million, compared with $5.4 million for the second quarter of last year. Operating loss totaled ($784,000) compared with operating loss of ($3.7 million) for the second quarter of last year. BK Technologies recorded a net loss of ($1.3 million) or ($0.39) per basic and diluted share, compared with a net loss of ($4.3 million) or ($1.28) per basic and diluted share, for the second quarter of last year.”
Earnings Releases

BK Technologies Corp reported first quarter ended March 31, 2023 results: revenue $18.7 million, net income ($1.3 million), EPS ($0.07) per basic and diluted share.

“Company will host a conference call today, May 4, 2023 at 9:00 a.m. Eastern Time. First Quarter 2023 Financial and Operational Update · 184% increase in first quarter revenue to $18.7 million driven by increased shipments and strong demand of the BKR 5000 radio · Gross margin improved to 26%, continuing the sequential quarter over quarter margin improvement trend that”
Governance Changes

BK Technologies Corp: Reverse stock split at ratio 1-for-5 filed via Certificate of Change with Nevada Secretary of State, effective April 21, 2023 (effective 2023-04-21).

“The Reverse Stock Split will be effected pursuant to the Company’s filing of a Certificate of Change (the “Certificate”) with the Secretary of State of the State of Nevada. The Certificate will become effective at 5:00 p.m. on the Effective Date.”
Earnings Releases

BK Technologies Corp reported the full year ended December 31, 2022 results: revenue $51.0 million, net income ($11.6 million), EPS ($0.69) per basic and diluted share.

“--- EX-99.1 2 bkti_ex991.htm PRESS RELEASE bkti_ex991.htm EXHIBIT 99.1 BK Technologies Announces Fourth Quarter and Year-End 2022 Results Achieves Full Year Record Revenue of $51 Million And Closes 2022 With Backlog of $27 Million WEST MELBOURNE, FL March 16, 2023 / BK Technologies Corporation (NYSE American: BKTI) (the “Company” or “BK Technologies”) today”
Earnings Releases

BK Technologies Corp reported the fourth quarter ended December 31, 2022 results: revenue $20.3 million, net income ($961,000), EPS ($0.06) per basic and diluted share.

“and year ended December 31, 2022. The Company will host a conference call today, March 16, 2023 at 9:00 a.m. Eastern Time. Fourth Quarter 2022 Financial and Operational Update · $20.3 million in revenue in the quarter driven by solid demand for BKR 5000 · Continued strong interest in BKR 5000 contributed to total backlog of $27 million at December 31, 2022 · Exceeded”
Material Agreements

BK Technologies Corp entered into Sales Agreement with ThinkEquity LLC valued at up to $15,000,000 (effective 2023-01-31).

“On January 31, 2023, BK Technologies Corporation (the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with ThinkEquity LLC (the “Sales Agent”), pursuant to which the Company may offer and sell, from time to time, through the Sales Agent, shares (the “Shares”) of the Company’s common stock, par value $0.60 per share (the “Common Stock”), having an aggregate offering price of up to $15,000,000”
Debt Financings

BK Technologies Corp incurred debt of $15 million with Alterna Capital Solutions LLC at prime rate plus 1.85% maturing initial twelve (12) month term.

“On November 22, 2022, certain subsidiaries (the “Subsidiaries”) of BK Technologies Corporation, a Nevada corporation (the “Company”), entered into an Invoice Purchase and Security Agreement (the “PSA”) with Alterna Capital Solutions LLC (the “Lender”) providing for the purchase by the Lender of certain of the Subsidiaries’ accounts receivable. Pursuant to the PSA, the Subsidiaries agree to sell eligible accounts receivable to the Lender for an amount equal to the face amount of each account receivable less a reserve percentage. The maximum amount potentially available to be deployed by the Lender at any given time is $15 million. The Subsidiaries have agreed to pay a funds usage fee equal to the per annum rate equal to the sum of the prime rate plus 1.85% of the unpaid face amount due on all purchased accounts receivable, minus a reserve account.”
Earnings Releases

BK Technologies Corp reported third quarter ended September 30, 2022 results: revenue $11.9 million, net income ($2.4 million) or ($0.14) per basic and diluted share, EPS ($0.14) per basic and diluted share.

“in our ability to convert backlog into revenue and convert inventory into cash at an attractive gross margin.” Third Quarter 2022 Financial Review Revenue decreased 6% to $11.9 million, compared with $12.6 million for the third quarter of last year. Gross profit margin was 19% compared to 33% for the same quarter of last year. The lower gross margins”

Scott Malmanger was appointed as Chief Financial Officer at BK Technologies Corp.

“On November 1, 2022, the Board of Directors of BK Technologies Corporation (the “Company”) appointed Scott Malmanger, age 66, as the Chief Financial Officer of the Company.”

Scott Malmanger was appointed as interim Chief Financial Officer and Company Secretary at BK Technologies Corp.

“On June 30, 2022, the Board of Directors of the Company (the “Board”) appointed Scott Malmanger as a consultant to serve as the Company’s interim Chief Financial Officer and Company Secretary.”

William P. Kelly resigned as Chief Financial Officer at BK Technologies Corp.

“On June 30, 2022, Mr. Kelly formally resigned as the Company’s Chief Financial Officer.”

William P. Kelly departed as Chief Financial Officer at BK Technologies Corp.

“On January 11, 2022, BK Technologies Corporation (the “Company”) announced the upcoming retirement of its current Chief Financial Officer, William P. Kelly.”

John M. Suzuki was appointed as Director at BK Technologies Corp.

“Mr. Suzuki was also appointed to fill a newly created seat on the Board.”

John M. Suzuki was appointed as Chief Executive Officer at BK Technologies Corp.

“The Board of Directors (the "Board") of BK Technologies Corporation (the "Company") has appointed John M. Suzuki, 57, to serve as the Chief Executive Officer of the Company, effective July 19, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.