---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-025222"
form_type: "8-K"
ticker: "TLF"
cik: "0000909724"
company_name: "TANDY LEATHER FACTORY INC"
filed_at: "2021-07-22T23:59:59+00:00"
generated_at: "2026-06-30T03:33:04.092626+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tandy Leather settles SEC probe for $200K; Q2 sales ~$18.6M, up 100% YoY

## Summary
- Sales for Q2 2021 expected between $18.5M and $18.8M, roughly double Q2 2020 when stores were closed.
- Cash and cash equivalents $5.9M; total debt $0.4M as of June 30, 2021.
- Settled SEC accounting investigation: Company pays $200K civil penalty; former CFO/CEO Shannon Greene pays $25K.
- Web sales down YoY but up >50% vs Q2 2019; total sales up ~8% vs Q2 2019 despite operating 11 fewer stores.
- Company still working to complete 2020 and Q1-Q2 2021 financial statements; no regular financial results reported.

## SEC filing metadata
- accession: 0001140361-21-025222
- form_type: 8-K
- ticker: TLF
- cik: 0000909724
- company_name: TANDY LEATHER FACTORY INC
- filed_at: 2021-07-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909724/000114036121025222/0001140361-21-025222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909724/000114036121025222/brhc10027137_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-025222
- JSON: https://secwatch.observer/filing/0001140361-21-025222.json
- Plain text: https://secwatch.observer/filing/0001140361-21-025222.txt

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