---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-091268"
form_type: "8-K"
ticker: "RVP"
cik: "0000946563"
company_name: "RETRACTABLE TECHNOLOGIES INC"
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T13:43:06.644368+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Retractable Technologies Q2 net sales $8.0M, operating loss $5.0M vs $14.3M sales and $2.1M loss last year

## Summary
- Q2 net sales $8.0M, down 44% from $14.3M; operating loss $5.0M vs $2.1M loss in prior year.
- First half 2023 net revenues $19.0M; operating loss $7.8M vs $59.1M revenue and $7.7M income in 2022.
- Decline largely due to lower COVID-19 vaccination-related sales, including no sales to U.S. government.
- Company increased sales/marketing expenses by 39% in H1 2023 to boost future revenues; also invested in U.S. government-backed mutual funds.
- Unrealized loss on debt/equity securities of $6.3M in Q2, partially offset by $4.8M gain on sales.

## SEC filing metadata
- accession: 0001104659-23-091268
- form_type: 8-K
- ticker: RVP
- cik: 0000946563
- company_name: RETRACTABLE TECHNOLOGIES INC
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946563/000110465923091268/0001104659-23-091268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946563/000110465923091268/tm2323618d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-091268
- JSON: https://secwatch.observer/filing/0001104659-23-091268.json
- Plain text: https://secwatch.observer/filing/0001104659-23-091268.txt

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