{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-003222","form_type":"8-K","ticker":"WHLM","cik":"0001013706","company_name":"Wilhelmina International, Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.594700+00:00","generated_at":"2026-06-15T03:19:45.722024+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wilhelmina Q1 net income falls 78.5% to $159K; revenue down 1.4%","bullets":["Net income of $159K ($0.03 diluted EPS) vs $739K ($0.14) in Q1 2022, a decline of 78.5%.","Total revenues of $4.48M, down 1.4% from $4.55M due to lower commissions on core modeling bookings.","Operating income fell 73.8% to $229K; salaries up 8.6% and office/general expenses up 52.3%.","Pre-Corporate EBITDA dropped 55.9% to $548K from $1.24M; Gross Billings increased 5.7% to $17.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-003222","json":"https://secwatch.observer/filing/0001171843-23-003222.json","markdown":"https://secwatch.observer/filing/0001171843-23-003222.md","text":"https://secwatch.observer/filing/0001171843-23-003222.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323003222/0001171843-23-003222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323003222/f8k_051123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T03:19:45.722024+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":"186e02bb97180d82b45324eb410a2bef99a7f583","claim":"Wilhelmina International, Inc. reported the first quarter ended March 31, 2023 results: revenue $4.5 million, net income $0.2 million, EPS $0.03 per fully diluted share.","evidence_excerpt":"at the end of this release. DALLAS, May 11, 2023 (GLOBE NEWSWIRE) -- Wilhelmina International, Inc. (Nasdaq:WHLM) (\"Wilhelmina\" or the \"Company\") today reported revenues of $4.5 million and net income of $0.2 million for the three months ended March 31, 2023, compared to revenues of $4.5 million and net income of $0.7 million for the three months ended March 31,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323003222/0001171843-23-003222-index.htm","confidence":0.75,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$4.5 million"},{"label":"Net income","value":"$0.2 million"},{"label":"EPS","value":"$0.03 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"}