{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-062057","form_type":"8-K","ticker":"RVP","cik":"0000946563","company_name":"RETRACTABLE TECHNOLOGIES INC","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.574872+00:00","generated_at":"2026-06-02T00:05:46.681116+00:00","sec_items":["5.07","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Retractable Technologies Q1 net sales fall to $7.6M; operating loss widens to $3.0M","bullets":["Net sales $7.6M, down 31% from $11.0M in Q1 2023 due to lack of COVID vaccine syringe sales.","Operating loss $3.0M vs $2.7M; loss widened despite 12.9% decrease in operating expenses.","Domestic sales rose 22.5% to $6.6M; international sales fell 82.8% to $1.0M.","Unrealized gain on investments of $1.7M impacted net income; provision for income taxes $86K.","New 50% tariff on syringes/needles expected in Q3 2024; over 90% of products sourced from China."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-062057","json":"https://secwatch.observer/filing/0001104659-24-062057.json","markdown":"https://secwatch.observer/filing/0001104659-24-062057.md","text":"https://secwatch.observer/filing/0001104659-24-062057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/946563/000110465924062057/0001104659-24-062057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/946563/000110465924062057/tm2414541d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:05:46.681116+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":"cdf76e1f780b6820ddfe8131ce220afd8c5772e9","claim":"RETRACTABLE TECHNOLOGIES INC shareholders approved Election of Three Class 2 Directors at the 2024-05-10 meeting.","evidence_excerpt":"Voting results are shown in the table below. Votes For Votes Withheld Abstentions and Broker Non-Votes CLASS 2 DIRECTORS Thomas J. Shaw 19,813,088 865,410 0 Walter O. Bigby, Jr. 19,085,632 1,592,866 0 John W. Fort III 19,718,001 960,497 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/946563/000110465924062057/0001104659-24-062057-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-10"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}