Departed
William H. Craig
Chief Financial Officer and Treasurer
IEHC ·
IEH Corp
the resignation of Mr. William H. Craig as Chief Financial Officer and Treasurer of the Company
Ready 8-Ks
42
Latest filing
August 7, 2026, 4:50 PM ET
Top materiality
0.90
Event mix
other_material ×14 · earnings ×13 · leadership ×7
Sentiment
16 pos · 12 neg · 14 neu
Latest earnings
reported 2027-Q1
Executive change
recent →
Recent 8-K filings for IEHC
Highest-materiality recent filing
SEC initiates administrative proceedings to potentially suspend/revoke IEH Corp's registration
- SEC alleges IEH repeatedly failed to file timely periodic reports since Form 10-K for period ended March 31, 2020.
- Order could suspend registration for up to 12 months or revoke it; answer due September 12, 2022.
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IEH reports record Q1 revenue of $10M, up 59% YoY; swings to profit
Revenue $10,021,446 vs $6,308,155 prior year, up 59% YoY; record quarterly revenue.
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On August 4, 2026, IEH discovered a phishing attack that gave a threat actor unauthorized access to an employee's Microsoft 365 mailbox.
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IEH Corp FY2026 revenue up 2.2% to $29.4M; operating loss $1.6M vs income $0.6M last year
Operating loss $1.625M vs operating income $0.575M in FY2025; net loss $1.33M vs net income $1.0M.
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IEH Corp CEO presents at virtual investor conference; no material new disclosures in filing
David Offerman, Chairman, President and CEO, presented slides at Small Cap Growth Virtual Investor Conference on June 4, 2026.
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IEH Corporation receives $7.9M order for Hyperboloid connectors for Patriot Missile system
$7.9 million order received in last two weeks for Hyperboloid connectors supporting the Patriot Missile system.
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IEH Corporation discloses non-public financial metrics to Atrium Research in slide presentation
CEO David Offerman provided slide presentation to Atrium Research on April 21, 2026.
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IEH receives $5.1M order for Hyperboloid connectors in Patriot Missile program
$5.1 million order for Hyperboloid connectors to support the Patriot Missile system.
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IEH Corporation announces record order backlog exceeding $23M driven by defense demand
Backlog reached all-time high >$23M, more than doubled in 12 months, up ~30% in first two months of 2026.
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IEH Corporation upgrades stock listing from OTCID to OTCQX effective Feb 20, 2026
Ticker IEHC unchanged; shares now trade on OTCQX Best Market, a tier requiring higher financial standards and governance.
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IEH Q3 net loss of $660K; revenue up 3.9% to $7.5M; backlog at 5-year high on missile defense
Revenue of $7,497,879, up 3.9% YoY; net loss of $660,286 vs. $61,640 loss a year ago.
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SEC dismisses proceeding to revoke IEH's securities registration; company plans uplisting
SEC denied Division of Enforcement's motion for summary disposition and granted IEH's cross-motion, dismissing the proceeding.
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IEH Q2 rev down 3.6%, $104k operating loss; $7M missile defense orders lift backlog
Revenue $7.08M, down 3.6% YoY; operating loss $104k vs $173k gain prior year.
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Shares represented: 1,949,760 of 2,431,278 outstanding (80.2% quorum).
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IEH Q1 revenue down 11% to $6.3M; swings to $655K net loss vs $393K profit YoY
Operating loss of $755K vs operating gain of $333K in same quarter last year.
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IEH Corporation reports fiscal 2025 revenue up 34% to $28.8M; net income of $999K vs loss prior year
Revenue of $28.8M, up 33.7% YoY; operating income of $574.9K vs operating loss of $3.8M prior year.
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IEH Corporation unveils new logo, brand, tagline; cites defense and space growth
New logo, updated branding, and tagline 'Enduring Connections' reflect next chapter of innovation.
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IEH Corp presents at Planet MicroCap Showcase; no material news disclosed
CEO Dave Offerman presented company slides at Planet MicroCap Showcase VEGAS 2025 on April 23.
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IEH Corp CEO Dave Offerman presents at LD Micro conference; no financial details in filing
Dave Offerman, Chairman, President & CEO, presented slides at LD Micro 15th Annual Invitational on April 10, 2025.
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IEH replaces auditor Marcum with CBIZ CPAs after Marcum attest business sale
Marcum LLP resigned as independent auditor on March 18, 2025, effective immediately.
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IEH Corp Q3 FY2025 revenue up 41% to $7.2M; net loss narrows to $62K
Revenue $7,217,616 (+41% YoY); net loss $61,640 vs $926,053 loss in Q3 FY2024.
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IEH Corp enters employment agreement with CEO David Offerman; base salary $491,745, options grant
Base salary of $491,745 per annum; eligible for annual bonus up to 100% of base salary.
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IEH Corp amends 8-K to clarify CFO Craig's resignation was not due to disagreement
William H. Craig resigned as CFO and Treasurer effective May 17, 2023.
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IEH posts Q2 FY2025 net profit of $246K vs year-ago loss; revenue up 53% to $7.34M
Revenue $7.34M, up 53% YoY from $4.81M; operating profit $173K vs. $(1.12M) loss.
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IEH Corp Q1 net profit $393K vs $1.3M loss; EPS $0.17 vs -$0.56; revenue +52%
Revenue of $7,104,977, up 52% from $4,679,845 in prior-year quarter.
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IEH reports FY2024 revenue up 12.5% to $21.5M; net loss narrows 55% to $2.9M
Revenue $21.5M (+12.5% YoY); net loss $2.9M (-55% YoY); basic loss per share $1.23 (vs $2.74).
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IEH Corporation books over $5M in new orders for Hyperboloid connectors for US military programs
Booked over $5 million in new orders in past 8 weeks for Hyperboloid connectors supporting US military programs.
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IEH Corp Q3 FY2024 revenue down 8.4% YoY; net loss widens to $0.93M
Revenue fell 8.4% to $5.11M; operating loss $969K vs $857K; net loss $926K vs $838K.
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IEH Corp files delayed Q1 and Q2 FY2024 10-Qs; revenue up 15%, losses narrow
Q1 FY2024 revenue $4.68M (+14.7% YoY); net loss $1.32M vs. $2.90M prior year.
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IEH Corp promotes Subrata Purkayastha to permanent CFO; board adds John Spiezio
Subrata Purkayastha promoted from interim to permanent CFO, effective Nov 1, 2023.
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IEH Corp appoints Brian Glenn to board of directors
Brian Glenn elected to fill newly created directorship effective October 11, 2023.
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IEH files delinquent reports; FY2023 net loss $6.5M, revenue down 21%
FY2023 revenue $19.1M, down 21.1% from $24.3M; operating loss $5.8M vs prior loss $0.9M.
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IEH Corp adds John Spiezio to board as Sonia Marciano resigns
Sonia Marciano resigned from the board on July 31, 2023, with no disagreement with the Company.
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IEH Corp receives over $2M in new orders for APKWS connector program
Booked over $2 million in new orders for hyperboloid connectors supporting the US military APKWS program.
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IEH Corp announces over $1M in new orders for Boeing 737Max hyperboloid connectors
Booked over $1 million in new orders for hyperboloid connectors supporting Boeing 737Max.
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Errors from migration to new enterprise accounting system led to understated cost of goods sold, overstated income tax expense and net income for FY2020.
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IEH CFO exits; Controller appointed interim CFO and Treasurer
William H. Craig resigned as CFO and Treasurer effective May 17, 2023; no disagreement with company.
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IEH corrects revenue typo; files SEC opposition, provides expected financials
Corrected expected 12MO Dec 2020 revenue from $3.1M to $31.9M; other table data unchanged.
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IEH files opposition to SEC motion for summary disposition; provides financial update
Filed opposition to SEC motion for summary disposition to revoke registration; argues revocation unwarranted.
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IEH Corp enters new employment agreement with CFO William Craig through 2027
New employment agreement for CFO and Treasurer William H. Craig, effective July 1, 2022, through June 30, 2027.
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SEC initiates administrative proceedings to potentially suspend/revoke IEH Corp's registration
SEC alleges IEH repeatedly failed to file timely periodic reports since Form 10-K for period ended March 31, 2020.
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IEH Corp opens Allentown plant, updates on SEC filings and revenue down 25-30%
Opened 29,000 sq ft manufacturing facility in Allentown, PA to boost capacity and reduce per-unit costs for defense and aerospace markets.
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IEH Corp common stock to move to OTC Pink No Information tier on Sept 28 due to SEC rule change
Effective Sept 28, 2021, broker-dealers cannot provide quotes for IEHC common stock; trades limited to Expert market.
Executive changes
Role change
Subrata Purkayastha
Chief Financial Officer
IEHC ·
IEH Corp
On October 26, 2023, the Company agreed to promote Subrata Purkayastha from interim Chief Financial Officer to permanent Chief Financial Officer and to execute a new employment agreement effective as of November 1, 2023.
Appointed
Brian Glenn
Director
IEHC ·
IEH Corp
On October 11, 2023, the Board met via conference telephone call and elected Mr. Brian Glenn to the Board of Directors to fill a newly created directorship previously authorized by the Board.
Appointed
John P. Spiezio
Director
IEHC ·
IEH Corp
the Board elected Mr. John P. Spiezio to fill the vacancy created by the resignation of Dr. Marciano effective immediately.
Departed
Sonia Marciano
Director
IEHC ·
IEH Corp
On July 31, 2023, Dr. Sonia Marciano, a member of the Board of Directors (the “Board”) of IEH Corporation (the “Company”) notified Dave Offerman, the Chairman of the Board of Directors of her decision to resign from the Board effective immediately.
Departed
William H. Craig
Chief Financial Officer and Treasurer
IEHC ·
IEH Corp
William H. Craig (“Mr. Craig”), who served as the Chief Financial Officer and Treasurer of IEH Corporation (the “Company”) informed Mr. Dave Offerman, the President and Chief Executive Officer of the Company, that he was resigning from his position as Chief Financial Officer and Treasurer of the Company, effective May 17, 2023.
Appointed
(interim)
Subrata Purkayastha
Chief Financial Officer and Treasurer
IEHC ·
IEH Corp
the appointment of Ms. Purkayastha, effective immediately, to serve as Chief Financial Officer and Treasurer of the Company, on an interim basis.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.90 · Median 0.65 · Most common event other_material