TECHPRECISION CORP director Walter Milton Schenker reported stock-based compensation awards rather than open‑market trades. On March 6, 2026 he acquired 12,228 shares of restricted common stock and an additional 4,279 shares as stock grants at no cash cost.
The 12,228-share restricted stock award will vest in full on October 28, 2026, subject to its conditions, and was issued in lieu of 50% of his annual cash fee for the 2025 independent director service period. Following these awards, he directly holds 79,727 common shares.
He also reports 300,902 common shares held indirectly through MAZ Partners LP. These are attributed to MAZ Partners LP, and he disclaims beneficial ownership beyond his pecuniary interest.
Renuart Victor Eugene reported acquisition or exercise transactions in this Form 4 filing.
TECHPRECISION CORP director Victor Eugene Renuart increased his equity stake through stock awards. On March 6, 2026, he received compensation-related grants totaling 18,206 shares of common stock. One award of 12,228 restricted shares will fully vest on October 28, 2026, subject to the award’s conditions, and was issued in lieu of 50% of his annual cash fee for the 2025 service period. Following these awards, he directly owns 31,926 common shares.
LEVY ANDREW A reported acquisition or exercise transactions in this Form 4 filing.
TechPrecision Corporation director Andrew A. Levy reported stock-based compensation rather than a market trade. On March 6, 2026, he received two grants of common stock, one for 12,228 restricted shares and another for 3,940 shares, both at no cash cost.
The 12,228-share restricted stock award will vest in full on October 28, 2026, subject to the award’s conditions, and was issued in lieu of 50% of his annual cash fee for serving as an independent director for the 2025 service period. Following these grants, Levy directly holds 391,986 TechPrecision shares.
TECHPRECISION CORP director Andrew A. Levy reported two stock gifts. He made bona fide gifts of 6,000 shares of common stock on February 26 and 2,600 shares on March 2, both at a reported price of $0.00 per share. After these transfers, he directly owns 375,818 common shares.
TechPrecision Corporation reported weaker quarterly results for the three months ended December 31, 2025. Revenue fell to $7.1M from $7.6M, and the company posted a net loss of $1.5M, versus a $0.8M loss a year earlier.
For the nine-month period, revenue slipped to $23.6M while the net loss narrowed to $1.2M from $2.9M. Ranor remained profitable, but Stadco generated operating losses. The company breached key loan covenants, has only $0.7M of available liquidity, and discloses substantial doubt about its ability to continue as a going concern without refinancing or new funding.
TechPrecision Corporation reported mixed results for its fiscal third quarter ended December 31, 2025. Quarterly revenue was $7.1 million, down 7% from $7.6 million, as lower Stadco sales and unfavorable product mix reduced gross profit to $0.4 million and widened the net loss to $1.5 million from $0.8 million.
For the first nine months of fiscal 2026, revenue was $23.6 million, a 4% decline, but cost of revenue fell 12%, lifting gross profit 72% to $3.9 million. The year‑to‑date net loss improved to $1.2 million from $2.9 million as operating performance at Ranor strengthened.
Backlog reached $46.0 million as of December 31, 2025, which management expects to deliver over the next one to three fiscal years with gross margin improvement. Liquidity remains tight, with cash of $0.1 million, negative working capital of $0.5 million, and total debt of $6.7 million on December 31, 2025.
TechPrecision Corporation reports that its subsidiary Ranor, Inc. and affiliated borrowers have amended their revolving credit facility. The revolving line of credit, which currently has a maximum principal amount of $4,500,000, was issued under an Amended and Restated Loan Agreement originally with Berkshire Bank, now Beacon Bank & Trust as successor by merger.
The latest amendment extends the maturity date of this $4,500,000 revolving loan from January 16, 2026 to May 15, 2026. The company states there is no material relationship with Beacon beyond this loan agreement, related notes, security and guaranty documents, and the previously disclosed borrowing relationship.
TechPrecision Corporation is registering up to 60,000 shares of common stock for resale by certain current and former directors, who received these shares as compensation for prior board service and related activities under agreements effective September 26, 2025. The company will not receive any proceeds from the sale of these shares; all sale proceeds will go to the selling stockholders, while TechPrecision covers registration-related expenses.
These 60,000 shares are being resold against a backdrop of 10,012,950 shares of common stock outstanding as of December 11, 2025. TechPrecision, through subsidiaries Ranor and Stadco, manufactures large, high-precision metal components for primarily defense and aerospace customers in the United States. The company states it does not plan to pay cash dividends in the foreseeable future, in part due to restrictions under its credit facility, and directs prospective investors to detailed risk factors and tax considerations incorporated by reference.
TechPrecision Corporation has filed a Form S-1 to register the resale of up to 60,000 shares of common stock held by certain current and former directors. These shares were issued under agreements dated September 26, 2025 that resolved a disagreement over prior board compensation. All sale proceeds will go to the selling stockholders; TechPrecision will only cover registration-related expenses.
The company has 10,012,950 shares of common stock outstanding as of November 21, 2025. TechPrecision, through subsidiaries Ranor and Stadco, manufactures large, precision metal components primarily for defense and aerospace customers in the United States. The company has never paid cash dividends and states it currently intends to retain earnings for business growth, with its Berkshire Bank credit facility also restricting dividend payments.
TechPrecision Corporation reported improved quarterly results and highlighted liquidity risks. For the quarter ended September 30, 2025, revenue was $9,086 thousand, up 2% year over year, with gross margin rising to 27% from 11%. Net income was $825 thousand (basic and diluted EPS $0.08), versus a loss of $601 thousand a year ago. Ranor delivered stronger margins, while Stadco returned to positive gross profit.
Despite better profitability, liquidity remains tight. Total available liquidity was $1,400 thousand as of September 30, 2025, including $220 thousand in cash and $1,180 thousand of undrawn revolver capacity. The company acknowledged an event of default under its loan agreement for failing the balance sheet leverage covenant at March 31 and September 30, 2025. All long-term debt is classified as current, with debt, net, at $7,199 thousand and the revolver maturing on January 16, 2026. Management is seeking a revolver renewal or alternative financing and working to improve Stadco’s operations; these uncertainties raise substantial doubt about the ability to continue as a going concern.