{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-005247","form_type":"8-K","ticker":"WHLM","cik":"0001013706","company_name":"Wilhelmina International, Inc.","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.867476+00:00","generated_at":"2026-06-11T13:45:15.353489+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 Q2 2023 net loss of $14K vs net income $921K YoY; revenue down 4.4%","bullets":["Q2 2023 revenue $4.493M (-4.4% YoY); net loss $14K ($0.00 EPS) vs net income $921K ($0.18 EPS) in Q2 2022.","Operating income fell 85.7% to $149K; Adjusted EBITDA down 79.9% to $230K.","Decreased commissions on bookings in core modeling divisions drove revenue decline.","Six-month net income $145K vs $1.66M; operating expenses rose due to salary increases and legal costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-005247","json":"https://secwatch.observer/filing/0001171843-23-005247.json","markdown":"https://secwatch.observer/filing/0001171843-23-005247.md","text":"https://secwatch.observer/filing/0001171843-23-005247.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/0001171843-23-005247-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/f8k_081023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T13:45:15.353489+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":"236d8ff86e9b29d938877038613fffc2de23dced","claim":"Wilhelmina International, Inc. reported the three months ended June 30, 2023 results: revenue $4.5 million, net income net loss of $14 thousand, EPS $0.00 per fully diluted share.","evidence_excerpt":"at the end of this release. DALLAS, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Wilhelmina International, Inc. (Nasdaq:WHLM) (\"Wilhelmina\" or the \"Company\") today reported revenues of $4.5 million and net loss of $14 thousand for the three months ended June 30, 2023, compared to revenues of $4.7 million and net income of $0.9 million for the three months ended June 30,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/0001171843-23-005247-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Revenue","value":"$4.5 million"},{"label":"Net income","value":"net loss of $14 thousand"},{"label":"EPS","value":"$0.00 per fully diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ff03d91aa5538f802aaeaa36a059aa7cc9685c07","claim":"Wilhelmina International, Inc. reported the six months ended June 30, 2023 results: revenue $9.0 million, net income net income of $0.1 million, EPS $0.03 per fully diluted share.","evidence_excerpt":"For the six months ended June 30, 2023, Wilhelmina reported revenues of $9.0 million and net income of $0.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/0001171843-23-005247-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Revenue","value":"$9.0 million"},{"label":"Net income","value":"net income of $0.1 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"}