{"schema_version":"secwatch.filing_event.v1","accession":"0001023459-23-000009","form_type":"8-K","ticker":"SLP","cik":"0001023459","company_name":"Simulations Plus, Inc.","filed_at":"2023-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.547550+00:00","generated_at":"2026-06-20T20:06:23.842988+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Simulations Plus Q1 revenue down 4% to $12M; EPS falls to $0.06; announces $50M buyback","bullets":["Q1 revenue $12.0M (-4% YoY); diluted EPS $0.06 vs $0.15; net income $1.2M.","Software revenue $6.1M (-17%); services revenue $5.9M (+17%); adjusted EBITDA $3.0M (25% margin).","Board authorized $50M share repurchase program including $20M accelerated repurchase expected in Q2.","Quarterly dividend declared $0.06/share, payable Feb 6, 2023 to holders of record Jan 30.","FY23 guidance reaffirmed: revenue $59.3M-$62.0M (10-15% growth); EPS $0.63-$0.67."],"urls":{"canonical":"https://secwatch.observer/filing/0001023459-23-000009","json":"https://secwatch.observer/filing/0001023459-23-000009.json","markdown":"https://secwatch.observer/filing/0001023459-23-000009.md","text":"https://secwatch.observer/filing/0001023459-23-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000009/0001023459-23-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000009/slp-20230104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:06:23.842988+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":"41e509335ee3137def2f6e2b065bfacb27c69f87","claim":"Simulations Plus, Inc. reported first quarter of fiscal 2023, ended November 30, 2022 results: revenue $12.0 million, net income $1.2 million, EPS $0.06. Guidance reaffirmed.","evidence_excerpt":"First Quarter Financial Highlights (Fiscal 2023 vs. Fiscal 2022): • Total revenue decreased 4% to $12.0 million; • Software revenue decreased 17% to $6.1 million, representing 51% of total revenue; • Services revenue increased 17% to $5.9 million, representing 49% of total revenue; • Gross profit decreased 4% to $9.3 million; gross margin was 78%; • Net income of $1.2 million and diluted EPS of $0.06, compared to net income of $3.0 million and diluted EPS of $0.15; • Adjusted EBITDA of $3.0 million, representing 25% of total revenue.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000009/0001023459-23-000009-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023, ended November 30, 2022"},{"label":"Revenue","value":"$12.0 million"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.06"},{"label":"Guidance","value":"reaffirmed"},{"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"}