SEC filings and other documents

Q3 loss widened on lower Stadco revenue, but year-to-date margins and backlog improved.

Q2 saw higher revenue, strong margin gains, and a robust $48M backlog for future growth.

Gross profit surged despite lower revenue, with record backlog and ongoing contract renegotiations.

Q4 revenue up 10% and gross profit up 70%, with strong backlog and margin expansion expected.

Q3 saw stable revenue, Ranor profits, Stadco losses, $45.5M backlog, and $4M new Navy grants.

Q2 revenue up 12% with Ranor profitable, but Stadco losses and liquidity risks persist.

Q1 FY2025 revenue rose 8% YoY, but net loss hit $1.5M due to Stadco losses and a breakup fee.

Backlog hit $50M, but FY24 net loss widened on one-time costs and debt reclassification.