{"schema_version":"secwatch.filing_event.v1","accession":"0000024090-23-000054","form_type":"8-K","ticker":"CIA","cik":"0000024090","company_name":"CITIZENS, INC.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.680159+00:00","generated_at":"2026-06-15T10:32:22.221376+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Citizens Q1 net income falls to $4.9M ($0.10/share) from $6.4M, revenues up 1% to $55.9M","bullets":["Net income $4.9M ($0.10 diluted) vs $6.4M ($0.13) in Q1 2022, down 23%.","Total revenues $55.9M (+1% YoY); first-year premiums +24% to $4.2M.","Book value per Class A share $3.09 (+24% YoY); adjusted book value $5.41 (+10% YoY).","Adjusted operating income $7.0M vs $7.8M in Q1 2022.","Entered two new white-label distribution partnerships during Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0000024090-23-000054","json":"https://secwatch.observer/filing/0000024090-23-000054.json","markdown":"https://secwatch.observer/filing/0000024090-23-000054.md","text":"https://secwatch.observer/filing/0000024090-23-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/24090/000002409023000054/0000024090-23-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/24090/000002409023000054/cia-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T10:32:22.221376+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9dcff21cc6a3cba38220ce4a093206decde53600","claim":"CITIZENS, INC. reported the quarter ended March 31, 2023 results: revenue $55.9 million, net income $4.9 million, EPS $0.10 per fully diluted class A share.","evidence_excerpt":"EX-99.1 (EX-99.1) --- Citizens Reports First Quarter 2023 Financial Results • Q1 2023 net income of $4.9 million, or $0.10 per fully diluted class A share • Total revenues of $55.9 million grew 1%, driven by new business and higher net investment income • Q1 2023 first year premiums increased 24% year-over-year, driven by growth across Life Insurance and Home","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/24090/000002409023000054/0000024090-23-000054-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$55.9 million"},{"label":"Net income","value":"$4.9 million"},{"label":"EPS","value":"$0.10 per fully diluted class A share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}