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TECHPRECISION CORP

For the period ended Mar 31, 2026. Filed Jun 25, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Jun 25, 2026

TPCS$5.35+3.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Item 15. Exhibits and Financial Statement Schedules

The following documents are filed as part of this report:

(1)Financial Statements, included in Part II, “Item 8. Financial Statements and Supplementary Data”:

Report of Independent Registered Public Accounting Firm

Consolidated Balance Sheets as of March 31, 2026 and 2025

Consolidated Statements of Operations for the years ended March 31, 2026 and 2025

Consolidated Statements of Stockholders’ Equity for the years ended March 31, 2026 and 2025

Consolidated Statements of Cash Flows for the years ended March 31, 2026 and 2025

Notes to Consolidated Financial Statements

(2)Financial Statement Schedules:

Financial statement schedules have been omitted because either they are not applicable or the required information is included in the financial statements or the notes thereto.

(3)List of Exhibits:

The following exhibits are filed herewith or are incorporated by reference to exhibits previously filed with the SEC.

Exhibit Index

ExhibitNo.​Description​Incorporatedby ReferenceForm​File No.​Date Filed​ExhibitNo.​FiledHerewith
​​​​​​​​​​​​​
2.1​Stock Purchase Agreement among TechPrecision Corporation, Stadco New Acquisition, LLC, Stadco, Stadco Acquisition, LLC, and the stockholders of Stadco, dated as of October 16, 2020​8-K​000-51378​October 20, 2020​2.1​​
2.2​Amendment to Stock Purchase Agreement, dated as of December 15, 2020, between TechPrecision Corporation, Stadco New Acquisition, LLC, Stadco, Stadco Acquisition, LLC and Douglas A. Paletz​8-K​000-51378​February 3, 2021​10.2​​
2.3​Third Amendment to Stock Purchase Agreement, dated as of July 20, 2021, among TechPrecision Corporation, Stadco New Acquisition, LLC, STADCO, Stadco Acquisition, LLC and Douglas A. Paletz, as stockholders’ representative​8-K​000-51378​July 26, 2021​2.1​​
2.4*​Stock Purchase Agreement, dated November 22, 2023, by and between TechPrecision Corporation and Doerfer Corporation​8-K​001-41698​November 29, 2023​2.1​​
3.1​Certificate of Incorporation of the Registrant​SB-2​333-133509​August 28, 2006​3.1​​
3.2​Certificate of Amendment to the Certificate of Incorporation of TechPrecision Corporation​8-K​000-51378​February 23, 2023​3.1​​
3.3​Second Amended and Restated By-laws of the Registrant​8-K​000-41698​August 14, 2025​3.1​​
3.4​Certificate of Designation for Series A Convertible Preferred Stock of the Registrant​8-K​000-51378​March 3, 2006​3.1​​
3.5​Certificate of Amendment to Certificate of Designation for Series A Convertible Preferred Stock of the Registrant​10-Q​000-51378​November 12, 2009​3.5​​
4.1​Description of Securities​10-K​001-41698​September 13, 2024​4.1​​
ExhibitNo.​Description​Incorporatedby ReferenceForm​File No.​Date Filed​ExhibitNo.​FiledHerewith
​​​​​​​​​​​​​
4.2​Form of Purchaser Warrant​8-K​001-41698​July 10, 2024​4.1​​
4.3​Form of Placement Agent Warrant​8-K​001-41698​July 10, 2024​4.2​​
10.1†​Non-Qualified Stock Option Award Agreement, dated as of December 27, 2016, from TechPrecision Corporation to Alexander Shen​8-K​000-51378​December 28, 2016​10.3​​
10.2†​TechPrecision Corporation 2016 Equity Incentive Plan​10-Q​000-51378​February 14, 2017​10.4​​
10.3†​First Amendment to TechPrecision Corporation 2016 Equity Incentive Plan​8-K​000-51378​February 15, 2022​10.1​​
10.4†​Second Amendment to TechPrecision Corporation 2016 Equity Incentive Plan​8-K​001-41698​August 14, 2025​10.1​​
10.5†​2006 Long-term Incentive Plan, as restated effective November 22, 2010​10-Q​000-51378​February 14, 2011​10.2​​
10.6†​Form of Option Award Agreement for Directors​8-K​000-51378​June 17, 2013​10.1​​
10.7†​Form of Restricted Stock Award Agreement​8-K​000-51378​March 20, 2014​10.1​​
10.8†​Form of Restricted Stock Award​8-K​000-51378​December 10, 2018​10.1​​
10.9†​Employment Agreement, dated November 14, 2014, between TechPrecision Corporation and Alexander Shen​8-K​000-51378​November 20, 2014​10.1​​
10.10​Amended and Restated Loan Agreement, dated as of August 25, 2021, among Ranor, Inc., Stadco New Acquisition, LLC, Westminster Credit Holdings, LLC, STADCO and Berkshire Bank​8-K​000-51378​August 30, 2021​10.11​​
10.11​First Amendment to Amended and Restated Loan Agreement and First Amendment to Promissory Note, dated as of December 17, 2021, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-51378​December 20, 2021​10.1​​
10.12​Second Amendment to Amended and Restated Loan Agreement and Second Amendment to Promissory Note, dated as of March 18, 2022, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-51378​March 21, 2022​10.1​​
10.13​Third Amendment to Amended and Restated Loan Agreement and Third Amendment to Promissory Note, dated as of June 16, 2022, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-51378​June 23, 2022​10.1​​
10.14*​Fourth Amendment to Amended and Restated Loan Agreement and Fourth Amendment to Promissory Note, dated as of September 15, 2022, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-51378​September 19, 2022​10.1​​
10.15*​Fifth Amendment to Amended and Restated Loan Agreement, Fifth Amendment to Promissory Note and First Amendment to Second Amended and Restated Promissory Note, effective as of December 20, 2022, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-51378​December 30, 2022​10.1​​
ExhibitNo.​Description​Incorporatedby ReferenceForm​File No.​Date Filed​ExhibitNo.​FiledHerewith
​​​​​​​​​​​​​
10.16*​Sixth Amendment to Amended and Restated Loan Agreement and Second Amendment to Second Amended and Restated Promissory Note, effective as of December 20, 2023, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​001-41698​January 5, 2024​10.1​​
10.17​Seventh Amendment to Amended and Restated Loan Agreement and Third Amendment to Second Amended and Restated Promissory Note, effective as of March 20, 2024, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​001-41698​April 9, 2024​10.1​​
10.18​Eighth Amendment to Amended and Restated Loan Agreement and Fourth Amendment to Second Amended and Restated Promissory Note, executed on May 28, 2024, and effective as of May 24, 2024, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​001-41698​June 3, 2024​10.1​​
10.19​Ninth Amendment to Amended and Restated Loan Agreement and Fifth Amendment to Second Amended and Restated Promissory Note, executed on September 4, 2024, and effective as of August 30, 2024, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-41698​September 10, 2024​10.1​​
10.20​Tenth Amendment to Amended and Restated Loan Agreement and Sixth Amendment to Second Amended and Restated Promissory Note, executed on December 19, 2024, and effective as of May 24, 2024, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-41698​December 26, 2024​10.1​​
10.21​Eleventh Amendment to Amended and Restated Loan Agreement and Seventh Amendment to Second Amended and Restated Promissory Note, executed on April 28, 2025, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-41698​May 1, 2025​10.1​​
10.22​Twelfth Amendment to Amended and Restated Loan Agreement and Eighth Amendment to Second Amended and Restated Promissory Note, executed on August 28, 2025, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Berkshire Bank​8-K​000-41698​August 29, 2025​10.1​​
10.23​Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note, executed on January 12, 2026, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Beacon Bank & Trust, successor by merger to Berkshire Bank​8-K​000-41698​January 14, 2026​10.1​​
ExhibitNo.​Description​Incorporatedby ReferenceForm​File No.​Date Filed​ExhibitNo.​FiledHerewith
​​​​​​​​​​​​​
10.24​Fourteenth Amendment to Amended and Restated Loan Agreement and Tenth Amendment to Second Amended and Restated Promissory Note, executed on May 13, 2026, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Beacon Bank & Trust, successor by merger to Berkshire Bank​8-K​000-41698​May 19, 2026​10.1​​
10.25​Amended and Restated Loan Purchase and Sale Agreement, dated as of April 23, 2021, between Stadco New Acquisition, LLC and Sunflower Bank, N.A.​8-K​000-51378​April 29, 2021​10.1​​
10.26​Amendment to Amended and Restated Loan Purchase and Sale Agreement, dated as of June 28, 2021, between Stadco New Acquisition, LLC, Stadco, Stadco Acquisition LLC and Stadco Mexico, Inc. and Sunflower Bank, N.A.​8-K​000-51378​June 29, 2021​10.1​​
10.27​Amended and Restated Standard Industrial/Commercial Single-Tenant Lease – Net, dated July 1, 2010, between the Landlord and Stadco​8-K​000-51378​August 30, 2021​10.1​​
10.28​Amendment to the Amended and Restated Standard Industrial/Commercial Single-Tenant Lease – Net, effective as of August 24, 2021, between the Stadco and the Landlord*​8-K​000-51378​August 30, 2021​10.2​​
10.29#​Payment Agreement between Stadco and LADWP​8-K​000-51378​February 3, 2023​10.1​​
10.30*​Form of Securities Purchase Agreement between TechPrecision Corporation and the purchasers signatory thereto dated July 3, 2024​8-K​001-41698​July 10, 2024​10.1​​
10.31​Form of Placement Agent Agreement between the Company and Wellington Shields & Co. LLC dated July 3, 2024​8-K​001-41698​July 10, 2024​10.2​​
10.32†​Employment Agreement, dated March 16, 2025, between TechPrecision Corporation and Phillip E. Podgorski​8-K​001-41698​April 1, 2025​10.1​​
19.1​Insider Trading Policy​​​​​​​​​X
21.1​Subsidiaries of the Registrant​10-K​001-41698​September 13, 2024​21.1​​
23.1​Consent of CBIZ CPAs PC​​​​​​​​X
31.1​Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002​​​​​​​​X
31.2​Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002​​​​​​​​X
32.1​Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002​​​​​​​​X
97.1​Clawback Policy​10-K​001-41698​September 13, 2024​97.1​​
ExhibitNo.​Description​Incorporatedby ReferenceForm​File No.​Date Filed​ExhibitNo.​FiledHerewith
​​​​​​​​​​​​​
101​The following financial information from this Annual Report on Form 10-K for the fiscal year ended March 31, 2026, formatted in XBRL (Extensible Business Reporting Language): (i) the Consolidated Balance Sheets at March 31, 2026 and 2025; (ii) the Consolidated Statements of Operations for the years ended March 31, 2026 and 2025; (iii) the Consolidated Statements of Stockholders’ Equity for the years ended March 31, 2026 and 2025; (iv) the Consolidated Statements of Cash Flows for the years ended March 31, 2026 and 2025; and (v) the Notes to the Consolidated Financial Statements.​​​​​​​​X
104​Cover Page Interactive Data File – The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.​​​​​​​​​X

† Management contract or compensatory arrangement or plan

  • Pursuant to Item 601(a)(5) of Regulation S-K, certain schedules and attachments have been omitted. A copy of any omitted schedule or attachment will be furnished supplementally to the Securities and Exchange Commission upon request.

Certain portions of this Exhibit were redacted pursuant to Item 601(a)(6) of Regulation S-K and marked by means of brackets and asterisks (“[****]”).

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.