{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-014811","form_type":"8-K","ticker":"TLF","cik":"0000909724","company_name":"TANDY LEATHER FACTORY INC","filed_at":"2024-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.244469+00:00","generated_at":"2026-06-04T09:27:29.023468+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Tandy Leather Factory FY 2023 revenue down 5.1% to $76.2M; net income rises to $3.8M","bullets":["FY 2023 revenue $76.2M, down 5.1% YoY; net income $3.8M vs $1.2M in 2022.","Gross margin improved to 59.3% from 57.9%; operating expenses down 9.7% to $40.8M.","Adjusted EBITDA $6.5M; cash and equivalents $12.2M vs $8.0M a year earlier.","Q4 revenue $20.8M (down from $22.4M); Q4 diluted EPS $0.23 vs $0.06.","CEO cites cost discipline and plans for selective new stores in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-014811","json":"https://secwatch.observer/filing/0001140361-24-014811.json","markdown":"https://secwatch.observer/filing/0001140361-24-014811.md","text":"https://secwatch.observer/filing/0001140361-24-014811.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/909724/000114036124014811/0001140361-24-014811-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/909724/000114036124014811/ef20024921_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:27:29.023468+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":"3f9e15d7b8956914d2c0f9eb9076c519f849c73c","claim":"TANDY LEATHER FACTORY INC reported fourth fiscal quarter and full year 2023 results: revenue $76.2 million, net income $3.8 million, EPS $0.23 per share.","evidence_excerpt":"Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the fourth fiscal quarter and full year 2023. Highlights from 2023: • Revenues were $76.2 million, down 5.1% from 2022 • Generated operating income of $4.4 million • Net income of $3.8 million, up from $1.2 million in 2022 • Gross margins of 59.3%, up from 57.9% in 2022 •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/909724/000114036124014811/0001140361-24-014811-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth fiscal quarter and full year 2023"},{"label":"Revenue","value":"$76.2 million"},{"label":"Net income","value":"$3.8 million"},{"label":"EPS","value":"$0.23 per 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"}