OMB APPROVAL
OMB Number:
3235-0060
Expires
January 31, 2008
Estimated average burden hours per response
38.0
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 
Date of Report (Date of earliest event reported):
March 31, 2005
 
AROTECH CORPORATION
(Exact name of registrant as specified in its charter)
 
 
Delaware
(State or other jurisdiction
of incorporation)
 
0-23336
(Commission
File Number)
 
95-4302784
(IRS Employer
Identification No.)
 
354 Industry Drive, Auburn, Alabama
(Address of Principal Executive Offices)
 
36830
(Zip Code)
 
Registrant’s telephone number, including area code: (334) 502-9001
 
250 West 57th Street, Suite 310, New York, New York 10107
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.



Item 2.02 Results of Operations and Financial Condition.
 
On March 31, 2005, Arotech Corporation (the “Registrant”) publicly disseminated an earnings release (the “Release”) announcing our financial results for the year and quarter ended December 31, 2004. A copy of the Release is attached as Exhibit 99.1 hereto.
 
The information included in the attached Exhibit 99.1 is being furnished pursuant to Item 2.02 of Form 8-K, insofar as it discloses historical information regarding the Registrant’s results of operations and financial condition as of and for the year and quarter ended December 31, 2004. In accordance with General Instructions B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
 
To supplement the consolidated financial results as determined in accordance with generally accepted accounting principles (“GAAP”), the Release presents a non-GAAP financial measure, “Adjusted EBITDA” (Earnings Before Interest, Taxes, Depreciation and Amortization, adjusted to eliminate certain non-cash charges). We believe that the use of Adjusted EBITDA enhances overall understanding of our current financial performance. As required by the Securities and Exchange Commission, Adjusted EBITDA is reconciled to Net Profit (Loss) in the Release.
 
Item 9.01 Financial Statements and Exhibits.
 
As described above, the following Exhibit is furnished as part of this Current Report on Form 8-K:
 
Exhibit
Number
 
Description
 
99.1
 
 
 
Earnings press release dated March 31, 2005
 

 
 

 
SIGNATURES

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
AROTECH CORPORATION
(Registrant)
 
 
 
 
 
 
Date: March 31, 2005 By:   /s/ Robert S. Ehrlich
 
  Name: Robert S. Ehrlich
Title: Chairman, President and CEO 




 
EXHIBIT INDEX
 
As described above, the following Exhibit is furnished as part of this Current Report on Form 8-K:
 
Exhibit
Number
 
Description
 
99.1
 
 
 
Earnings press release dated March 31, 2005