Every 8-K that Nortech Systems Inc (NSYS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NSYS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NSYS filings page.
Nortech Systems Incorporated reported higher revenue for the quarter ended June 30, 2026. Net sales were $33.5 million in Q2 2026, up 9.3% from $30.7 million in Q2 2025, with gross profit rising to $5.7 million and gross profit for the first half of 2026 up 31.5% year over year.
Q2 2026 net income was $316 thousand, or $0.11 per basic share, roughly flat versus $313 thousand, or $0.12 per basic share, a year earlier. For the first six months, net income improved to $282 thousand from a loss of $1.0 million in 2025, and Adjusted EBITDA increased to $1.3 million from $73 thousand. However, Q2 EBITDA and Adjusted EBITDA of $938 thousand declined 12.6% from Q2 2025.
The company highlighted a strong order pipeline, with a 90‑day backlog of $33.4 million and total backlog of $93.8 million as of June 30, 2026, up 20% from a year earlier. Cash and restricted cash totaled $1.7 million, operating cash flow for the first half was a use of $2.4 million, and total assets were $80.0 million against total liabilities of $44.6 million.
Nortech Systems Incorporated reported the results of its annual meeting of shareholders held on May 13, 2026. Shareholders voted on the election of directors to the board.
Each of the six director nominees received strong support, with votes for each candidate around 1.59–1.60 million and only a few thousand votes withheld. There were 401,530 broker non-votes recorded for each nominee, indicating some shares were not voted on the election proposal. As a result, all listed nominees were elected to continue serving on the company’s board of directors.
Nortech Systems Incorporated reported improved first quarter 2026 results. Net sales rose to $30.3 million from $26.9 million in Q1 2025, driven by growth across key end markets. Gross profit increased to $4.7 million from $3.1 million while operating expenses were essentially flat, resulting in income from operations of $47 thousand versus a prior-year loss.
The company’s net loss narrowed sharply to $34 thousand, or $0.01 per basic share, compared with a $1.3 million loss, or $0.48 per share, a year earlier. Adjusted EBITDA turned positive at $350 thousand, compared with a $1.0 million loss. The 90-day backlog reached $31.5 million and total backlog was $90.8 million as of March 31, 2026, and the company closed on $17.2 million of debt financing to support its operations and strategy.
Nortech Systems Incorporated reported improved fourth-quarter 2025 results, returning to profitability on higher margins despite lower full-year sales. For Q4 2025, net sales were $30.3 million, up from $28.6 million a year earlier, while net income reached $897 thousand, or $0.32 per basic share, compared with a loss of $1.5 million, or $(0.54) per share, in Q4 2024. Gross profit nearly doubled to $5.1 million and adjusted EBITDA improved to $1.2 million from a loss in the prior-year quarter.
For full-year 2025, net sales were $118.4 million versus $128.1 million in 2024, but the net loss narrowed to $252 thousand from $1.3 million, and adjusted EBITDA rose to $2.5 million from $2.1 million. The company reported a 90‑day backlog of $27.3 million as of December 31, 2025 and closed $17.2 million of debt financing, while emphasizing ongoing restructuring benefits, margin gains, and an AS9100:D certification at its Monterrey facility.
Nortech Systems Incorporated entered into a new Credit and Security Agreement with Associated Bank that provides a revolving credit facility of up to $15,000,000 and a $2,200,000 term loan. This replaces the company’s prior facility that was due to mature in August 2026.
The new facility includes a $1,500,000 letter-of-credit sublimit, is secured by substantially all U.S. assets, and the revolver and term loan each mature in March 2029. Borrowings bear interest at a base rate or one- or three-month Term SOFR plus 2.00% for revolver borrowings and 2.25% for the term loan.
The agreement includes customary covenants limiting additional debt, liens, investments, asset sales, dividends, and certain transactions without lender consent. Nortech must maintain a Fixed Charge Coverage Ratio of 1.10 to 1.00 and comply with broad event-of-default provisions, including non-compliance, change of control, destruction of collateral, or a material adverse effect.
Nortech Systems Incorporated entered into a Waiver and Amendment No. 4 to its Credit Agreement with Bank of America on February 27, 2026. Bank of America waived financial covenant defaults tied to the company’s consolidated leverage ratio, fixed charge coverage ratio, and consolidated EBITDA for the quarter ended December 31, 2025.
The amendment revises key credit terms, including borrowing base mechanics, financial covenants with new EBITDA thresholds, revolving commitment levels, and an increase in the applicable borrowing rate. The company reports ongoing operating benefits from earlier restructuring and is negotiating a new asset-backed lending facility, which it expects to close in the near term.
Nortech Systems Incorporated furnished an update on its recent performance by referencing a news release titled “Nortech Systems Reports Third Quarter Results.” The release covers the company’s consolidated results and financial condition for the third quarter ended September 30, 2025.
The news release, dated November 13, 2025 and attached as Exhibit 99.1, contains the detailed financial and operating results, while this report serves to formally provide that information to the market.
Nortech Systems Incorporated reported a planned board transition. Director Debarati Sen notified the company she will not stand for re‑election for the 2026–2027 term and will continue to serve through the annual meeting in May 2026. The company stated her decision was not the result of any disagreement regarding operations, policies, or practices.
This update reflects routine board refreshment disclosed under Item 5.02 of Form 8‑K and does not change the company’s day‑to‑day operations.
Nortech Systems Incorporated reported that Senior Vice President, Global Operations John Lindeen has notified the company of his intention to retire and resign. The company stated that his resignation is not due to any disagreement with its operations, policies, or procedures, indicating a planned transition rather than a dispute.
Lindeen will continue serving as Senior Vice President, Global Operations for the remainder of 2025 and into the first quarter of 2026 to support continuity. Nortech Systems has begun a search for a permanent replacement to lead its global operations after his departure.