secwatch.observer — SEC 8-K summary
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Issuer:     RETRACTABLE TECHNOLOGIES INC (RVP)
CIK:        0000946563
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001104659-22-091398
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Retractable Tech Q2 operating loss $2.1M; revenue $14.3M, down 66% YoY
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- Operating loss of $2.1M in Q2 2022 vs operating income of $12.7M in Q2 2021.
- Net sales $14.3M in Q2 2022 vs $42.5M; no U.S. government sales vs $27.4M in prior year.
- International sales increased ~97.5% YoY; overall unit sales decreased 64.1%.
- H1 2022 operating income $7.7M vs $36.1M; net sales $59.1M vs $92.6M.
- Unrealized loss on equity securities $3.9M in Q2 due to decreased market values.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946563/000110465922091398/0001104659-22-091398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946563/000110465922091398/tm2223431d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-091398

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer