secwatch.observer — SEC 8-K summary
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Issuer:     SOLESENCE, INC. (SLSN)
CIK:        0000883107
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001171843-22-003568
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nanophase reports record Q1 revenue of $8.2M, up 15% YoY; guides to >$40M for FY2022
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- Q1 revenue $8.2M vs $7.1M prior year (+15%); Solésence revenue $5.6M (+29% YoY).
- Personal Care Ingredients revenue $2.4M (+71%); API sales up 70% YoY.
- 18 new products shipped in Q1; 30 new hires across manufacturing, supply chain, commercial.
- Record monthly revenue of ~$3.8M in March; over 1M finished goods units shipped in Q1.
- Management expects 2022 revenue to exceed $40M, dependent on operational improvements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883107/000117184322003568/0001171843-22-003568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883107/000117184322003568/f8k_051122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-003568

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer