---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-118208"
form_type: "8-K"
ticker: "RVP"
cik: "0000946563"
company_name: "RETRACTABLE TECHNOLOGIES INC"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:32:11.259005+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Retractable Tech Q3 revenue drops 55% to $10.3M; operating loss widens to $936K

## Summary
- Net sales fell to $10.3M in Q3 2023 from $23.1M in Q3 2022, a 55% decline; nine-month sales $29.3M vs $82.1M.
- Operating loss was $936K in Q3 vs $691K loss last year; nine-month operating loss $8.7M vs income of $7.0M.
- Unrealized loss on investments of $6.5M in Q3 and $11.3M year-to-date due to decreased market values.
- Domestic sales (ex-U.S. govt) increased 2.1% to $9.4M; international sales plunged 93%.
- Sales and marketing expenses rose 31% primarily in travel, trade shows, and sales headcount.

## SEC filing metadata
- accession: 0001104659-23-118208
- form_type: 8-K
- ticker: RVP
- cik: 0000946563
- company_name: RETRACTABLE TECHNOLOGIES INC
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946563/000110465923118208/0001104659-23-118208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946563/000110465923118208/tm2330644d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-118208
- JSON: https://secwatch.observer/filing/0001104659-23-118208.json
- Plain text: https://secwatch.observer/filing/0001104659-23-118208.txt

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