secwatch.observer — SEC 8-K summary
======================================

Issuer:     RETRACTABLE TECHNOLOGIES INC (RVP)
CIK:        0000946563
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001104659-24-041119
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Retractable Technologies reports 2023 revenue down 54% to $43.6M, operating loss of $11.5M
--------------------------------------------------------------------------------

- Revenue $43.6M, down 54% YoY; domestic down 33.7%, international down 78.9%.
- Operating loss of $11.5M vs loss of $0.9M in 2022; gross profit $9.1M.
- Unrealized loss of $10.5M and realized gain of $5.6M on securities.
- Declared Series II and III preferred dividends: $39,050 and $18,561, payable April 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946563/000110465924041119/0001104659-24-041119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946563/000110465924041119/tm2410140d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-041119

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