{"schema_version":"secwatch.filing_event.v1","accession":"0001056358-24-000023","form_type":"8-K","ticker":"MTEX","cik":"0001056358","company_name":"MANNATECH INC","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.247136+00:00","generated_at":"2026-06-04T05:43:06.130065+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mannatech Q4 net sales $32.7M (-4.7% YoY); net loss per share $0.94, improved from $3.50 loss","bullets":["Q4 net sales $32.7M, down 4.7% from $34.3M in Q4 2022.","Gross margin improved to 75.4% from 69.0% on reduced supply chain shipping costs.","Q4 operating loss $0.9M, improved from $2.7M; net loss $1.8M ($0.94/diluted share) vs $6.5M ($3.50).","Full year net sales $132.0M, down 3.8% from $137.2M, with $2.3M unfavorable FX impact.","Foreign exchange loss ~$1.0M in Q4; management cites weak demand and cost reductions."],"urls":{"canonical":"https://secwatch.observer/filing/0001056358-24-000023","json":"https://secwatch.observer/filing/0001056358-24-000023.json","markdown":"https://secwatch.observer/filing/0001056358-24-000023.md","text":"https://secwatch.observer/filing/0001056358-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1056358/000105635824000023/0001056358-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1056358/000105635824000023/mtex-20240328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:43:06.130065+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":"cfe2152ec4f9be272af61fe87e2e17956de2d566","claim":"MANNATECH INC reported the year ended December 31, 2023 results: revenue $132.0 million.","evidence_excerpt":"Total Year 2023 Highlights • Net sales for the year ended December 31, 2023 was $132.0 million, as compared to $137.2 million for the year ended December 31, 2022. Net sales decreased $5.2 million, or 3.8%, for 2023, as compared to 2022. Our 2023 net sales were unfavorably affected by $2.3 million due to the effect of foreign exchange rates. Excluding this impact, Net Sales on a Constant dollar basis (see","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056358/000105635824000023/0001056358-24-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$132.0 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d844314c990ed51626cbb2d8b88e5b0a4d4ff96e","claim":"MANNATECH INC reported the fourth quarter ended December 31, 2023 results: revenue $32.7 million, net income $1.8 million, EPS $0.94 per diluted share.","evidence_excerpt":"Fourth quarter 2023 net sales were $32.7 million, a decrease of $1.6 million, or 4.7%, as compared to $34.3 million in the fourth quarter of 2022. • Gross profit as a percentage of net sales improved to 75.4% as compared to 69.0% for the same period in 2022. Reduced supply chain shipping costs more than offset price increases in certain raw materials. • Operating loss in the fourth quarter was $0.9 million, improved from an operating loss of $2.7 million in the fourth quarter of 2022. • Net loss was $1.8 million, or $0.94 per diluted share, for the fourth quarter 2023, as compared to net loss of $6.5 million, or $3.50 per diluted share, for the fourth quarter 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056358/000105635824000023/0001056358-24-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$32.7 million"},{"label":"Net income","value":"$1.8 million"},{"label":"EPS","value":"$0.94 per diluted 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"}