{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-001836","form_type":"8-K","ticker":"WHLM","cik":"0001013706","company_name":"Wilhelmina International, Inc.","filed_at":"2023-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.486965+00:00","generated_at":"2026-06-17T20:48:19.237150+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Wilhelmina FY2022 revenue $17.8M (+10.4%); net income $3.5M (-21.9%); Q4 net loss $18K","bullets":["Annual revenue $17.8M, up 10.4% YoY; gross billings $67.0M, up 17.9%.","Net income $3.5M ($0.68 diluted EPS) vs $4.5M ($0.88) in 2021; Q4 net loss $18K.","Operating income $2.4M, highest since 2014; cash $12.0M at year-end, record high.","Results impacted by $1.5M deferred tax asset valuation allowance release in 2022; prior year had $2.0M PPP loan forgiveness.","Revenue growth driven by post-COVID reopening; Q4 decline due to lower US/UK bookings."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-001836","json":"https://secwatch.observer/filing/0001171843-23-001836.json","markdown":"https://secwatch.observer/filing/0001171843-23-001836.md","text":"https://secwatch.observer/filing/0001171843-23-001836.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323001836/0001171843-23-001836-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323001836/f8k_032223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T20:48:19.237150+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":"2d3182180c8516cdfd56eb77508344d8b4cfceec","claim":"Wilhelmina International, Inc. reported the three months ended December 31, 2022 results: revenue $4.1 million, net income $18 thousand, EPS $0.00 per fully diluted share.","evidence_excerpt":"Wilhelmina International, Inc. (Nasdaq: WHLM) (\"Wilhelmina\" or the \"Company\") today reported revenues of $4.1 million and net loss of $18 thousand for the three months ended December 31, 2022, compared to revenues of $4.3 million and net income of $23 thousand for the three months ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323001836/0001171843-23-001836-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2022"},{"label":"Revenue","value":"$4.1 million"},{"label":"Net income","value":"$18 thousand"},{"label":"EPS","value":"$0.00 per fully diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a21bae62a8f9ad74c8c361071783bf03376f9480","claim":"Wilhelmina International, Inc. reported the fiscal year ended December 31, 2022 results: revenue $17.8 million, net income $3.5 million, EPS $0.68 per fully diluted share.","evidence_excerpt":"For the fiscal year ended December 31, 2022, Wilhelmina reported revenues of $17.8 million and net income of $3.5 million compared to revenue of $16.1 million and net income of $4.5 million for the fiscal year ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323001836/0001171843-23-001836-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$17.8 million"},{"label":"Net income","value":"$3.5 million"},{"label":"EPS","value":"$0.68 per fully diluted 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"}