---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-119256"
form_type: "8-K"
ticker: "RVP"
cik: "0000946563"
company_name: "RETRACTABLE TECHNOLOGIES INC"
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:43:26.772708+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Retractable Technologies Q3 2024 operating loss of $5.1M widens from $936K; tariffs and lawsuit pending

## Summary
- Net sales $10.3M flat YoY; operating loss of $5.1M vs $936K loss last year.
- Gross profit margin fell from 41.8% to -0.1% on lower avg selling price, declining intl sales, higher production costs.
- New 100% tariff on Chinese syringes effective Sept 2024; expects $1.5M in tariff costs through Feb 2025.
- Sued U.S. Trade Representative over tariffs; injunctions partially denied, company subject to tariffs during case.
- Net loss $15.7M for 9 months includes $8.4M deferred tax asset valuation allowance; uncertain future profitability.

## SEC filing metadata
- accession: 0001104659-24-119256
- form_type: 8-K
- ticker: RVP
- cik: 0000946563
- company_name: RETRACTABLE TECHNOLOGIES INC
- filed_at: 2024-11-14T23:59:59+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/946563/000110465924119256/0001104659-24-119256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946563/000110465924119256/tm2428536d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-119256
- JSON: https://secwatch.observer/filing/0001104659-24-119256.json
- Plain text: https://secwatch.observer/filing/0001104659-24-119256.txt

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