{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-22-003575","form_type":"8-K","ticker":"WHLM","cik":"0001013706","company_name":"Wilhelmina International, Inc.","filed_at":"2022-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.303420+00:00","generated_at":"2026-06-25T20:06:00.727363+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":"Q1 revenue up 39% to $16.6M; net income falls to $0.7M on absence of PPP gain","bullets":["Total revenues $16.6M vs $12.0M YoY; operating income $874K vs $100K.","Net income $739K ($0.14/diluted share) vs $2.2M ($0.43) in Q1 2021.","Prior-year results included $1.9M PPP loan forgiveness gain and $0.4M employee retention credit.","Adjusted EBITDA $988K vs $369K (+168%); Pre-Corporate EBITDA $1.2M vs $614K (+102%).","Cash $9.4M at quarter-end; bookings improved as COVID restrictions eased."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-22-003575","json":"https://secwatch.observer/filing/0001171843-22-003575.json","markdown":"https://secwatch.observer/filing/0001171843-22-003575.md","text":"https://secwatch.observer/filing/0001171843-22-003575.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013706/000117184322003575/0001171843-22-003575-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013706/000117184322003575/f8k_051122.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T20:06:00.727363+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}