{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-056387","form_type":"8-K","ticker":null,"cik":"0001015155","company_name":"CHARLES & COLVARD LTD","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.888089+00:00","generated_at":"2026-06-02T23:42:46.255160+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Charles & Colvard Q3 net sales down 21% to $5.3M; net loss $3.6M","bullets":["Net sales $5.3M, down 21% YoY; gross margin 23% vs 32% in prior-year quarter.","Net loss $3.6M ($0.12/diluted share) vs loss $8.4M ($0.28) in same quarter last year.","Cash and equivalents $9.2M at March 31, down from $15.6M at June 30, 2023.","Online Channels segment net sales $4.1M (77% of total); Traditional segment $1.2M (23%).","Named actress Skyler Samuels as brand ambassador; launched Forever Bright gemstone brand."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-056387","json":"https://secwatch.observer/filing/0001104659-24-056387.json","markdown":"https://secwatch.observer/filing/0001104659-24-056387.md","text":"https://secwatch.observer/filing/0001104659-24-056387.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1015155/000110465924056387/0001104659-24-056387-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1015155/000110465924056387/tm2413276d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:42:46.255160+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":[{"claim_id":"dfccbb2e8062888a3ad86b6bdd509300f6f6e50b","claim":"CHARLES & COLVARD LTD reported third quarter ended March 31, 2024 results: net income Net loss was $3.6 million, EPS $0.12 loss per diluted share.","evidence_excerpt":"Net sales of $5.3 million for the quarter, a decrease of 21% from $6.6 million in the year-ago quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465924056387/0001104659-24-056387-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended March 31, 2024"},{"label":"Net income","value":"Net loss was $3.6 million"},{"label":"EPS","value":"$0.12 loss per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"dfccbb2e8062888a3ad86b6bdd509300f6f6e50b","claim":"CHARLES & COLVARD LTD reported third quarter ended March 31, 2024 results: net income Net loss was $3.6 million, EPS $0.12 loss per diluted share.","evidence_excerpt":"Net loss was $3.6 million, or $0.12 loss per diluted share for the quarter, compared to net loss of $8.4 million, or $0.28 loss per diluted share, in the year-ago quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465924056387/0001104659-24-056387-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended March 31, 2024"},{"label":"Net income","value":"Net loss was $3.6 million"},{"label":"EPS","value":"$0.12 loss per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}