---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-22-001427"
form_type: "8-K"
ticker: "LCTC"
cik: "0001493137"
company_name: "Lifeloc Technologies, Inc"
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T19:58:25.310384+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lifeloc Q3 net loss $0.04/share vs profit $0.21 YoY; revenue up 8% but supply chain hurts

## Summary
- Revenue $2.032M (+8% YoY); net loss $(87k) vs profit $523k in Q3 2021 (included $471k PPP forgiveness).
- Nine months 2022: revenue $6.373M, net loss $(433k) or $(0.18)/share vs net profit $816k ($0.33) prior year.
- R&D investment increases and supply chain disruption contribute to loss; broad price increase implemented Q2.
- LX9 and LT7 L-series devices driving sales growth; expected to be incremental to FC line.
- SpinDx marijuana detection testing shows good correlation; development continues; R&D spend to stay high.

## SEC filing metadata
- accession: 0001079973-22-001427
- form_type: 8-K
- ticker: LCTC
- cik: 0001493137
- company_name: Lifeloc Technologies, Inc
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493137/000107997322001427/0001079973-22-001427-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493137/000107997322001427/lclc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-22-001427
- JSON: https://secwatch.observer/filing/0001079973-22-001427.json
- Plain text: https://secwatch.observer/filing/0001079973-22-001427.txt

## Key facts
- Earnings Releases
  Lifeloc Technologies, Inc reported the quarter ended September 30, 2022 results: revenue $2.032 million, net income $(87) thousand, EPS $(0.04) per diluted share.
  - Period: the quarter ended September 30, 2022
  - Revenue: $2.032 million
  - Net income: $(87) thousand
  - EPS: $(0.04) per diluted share
  - Result: reported results
  source text: Lifeloc posted quarterly net revenue of $2.032 million in the third quarter of 2022, resulting in a quarterly net loss of $(87) thousand, or $(0.04) per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493137/000107997322001427/0001079973-22-001427-index.htm
- Earnings Releases
  Lifeloc Technologies, Inc reported the nine months ended September 30, 2022 results: revenue $6.373 million, net income $(433) thousand, EPS $(0.18) per diluted share.
  - Period: the nine months ended September 30, 2022
  - Revenue: $6.373 million
  - Net income: $(433) thousand
  - EPS: $(0.18) per diluted share
  - Result: reported results
  source text: Nine-month net revenue of $6.373 million and a net loss of $(433) thousand, or $(0.18) per diluted share, compared to net revenue of $5.427 million and a net profit of $816 thousand, or $0.33 per diluted share, for the same nine months of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493137/000107997322001427/0001079973-22-001427-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.