{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-22-007268","form_type":"8-K","ticker":"UG","cik":"0000101295","company_name":"UNITED GUARDIAN INC","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.226325+00:00","generated_at":"2026-06-22T00:31:16.266021+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"United-Guardian Q3 net income drops 66% to $345K; sales down 24% YoY","bullets":["Q3 2022 net income $345,518 ($0.07/sh) vs $1,016,506 ($0.22/sh) in Q3 2021.","Q3 net sales fell 24% to $2,417,022 from $3,179,746 a year earlier.","Nine-month net income $1,890,307 ($0.41/sh) vs $3,542,232 ($0.77/sh); sales $9,935,557 vs $10,268,592.","CEO Beatriz Blanco cited COVID lockdowns in China and overstocking after a customer switched Lubrajel formulations.","New President and CEO Beatriz Blanco assumed role; management remains optimistic for 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-22-007268","json":"https://secwatch.observer/filing/0001171843-22-007268.json","markdown":"https://secwatch.observer/filing/0001171843-22-007268.md","text":"https://secwatch.observer/filing/0001171843-22-007268.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/101295/000117184322007268/0001171843-22-007268-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/101295/000117184322007268/f8k_110422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T00:31:16.266021+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":"178de44575dd4d1f020aa13c74d0a7d7fa83a40c","claim":"UNITED GUARDIAN INC reported nine-month period ended September 30, 2022 results: revenue $9,935,557, net income $1,890,307 ($0.41 per share), EPS $0.41 per share.","evidence_excerpt":"For the nine-month period ended September 30 th net income decreased from $3,542,232 ($0.77 per share) in 2021 to $1,890,307 ($0.41 per share) this year, and net sales decreased from $10,268,592 to $9,935,557.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/101295/000117184322007268/0001171843-22-007268-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine-month period ended September 30, 2022"},{"label":"Revenue","value":"$9,935,557"},{"label":"Net income","value":"$1,890,307 ($0.41 per share)"},{"label":"EPS","value":"$0.41 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"df5dce7fca5df11975294c6db89621e234874e72","claim":"UNITED GUARDIAN INC reported third quarter of 2022 results: revenue $2,417,022, net income $345,518 ($0.07 per share), EPS $0.07 per share.","evidence_excerpt":"United-Guardian, Inc. (NASDAQ:UG) reported today that net income for the third quarter of 2022 decreased from $1,016,506 ($0.22 per share) in 2021 to $345,518 ($0.07 per share) in this year’s third quarter. Net sales for the quarter decreased from $3,179,746 to $2,417,022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/101295/000117184322007268/0001171843-22-007268-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2022"},{"label":"Revenue","value":"$2,417,022"},{"label":"Net income","value":"$345,518 ($0.07 per share)"},{"label":"EPS","value":"$0.07 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"}