{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-040573","form_type":"8-K","ticker":"RVP","cik":"0000946563","company_name":"RETRACTABLE TECHNOLOGIES INC","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.961321+00:00","generated_at":"2026-06-17T07:30:49.154430+00:00","sec_items":["8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Retractable Technologies 2022 revenue drops 49.7% to $94.8M; net income falls to $5.1M","bullets":["Revenue $94.8M, down 49.7% YoY; domestic sales fell 68.8%, international up 105%.","Net income $5.1M ($0.15 EPS) vs $56.1M ($1.65 EPS) in 2021; operating loss $853k.","Total operating expenses rose 27.9%, driven by accelerated stock option expense.","Spent $7.6M repurchasing 3.6M shares; workforce reductions target $3.8M annual savings.","Preferred stock dividends declared: Series II $39,050 and Series III $19,061.25 for Q1 2023, payable Apr 20."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-040573","json":"https://secwatch.observer/filing/0001104659-23-040573.json","markdown":"https://secwatch.observer/filing/0001104659-23-040573.md","text":"https://secwatch.observer/filing/0001104659-23-040573.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/946563/000110465923040573/0001104659-23-040573-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/946563/000110465923040573/tm2311182d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:30:49.154430+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}