{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-005250","form_type":"8-K","ticker":"UG","cik":"0000101295","company_name":"UNITED GUARDIAN INC","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.864279+00:00","generated_at":"2026-06-11T13:44:57.106262+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"United-Guardian Q2 sales drop 27% YoY; net income falls to $0.10 per share","bullets":["Q2 2023 sales $2.65M vs $3.63M in Q2 2022; net income $461K ($0.10/sh) vs $633K ($0.14/sh).","Six-month 2023 sales $5.22M vs $7.52M in prior year; net income $1.22M ($0.26/sh) vs $1.54M ($0.34/sh).","Decline driven by lower cosmetic ingredient sales (Lubrajel) in China due to competition and slow post-COVID recovery.","Pharmaceutical product Renacidin sales increased 7%, partially offsetting cosmetic decline.","Management evaluating strategies to boost sales in China and other markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-005250","json":"https://secwatch.observer/filing/0001171843-23-005250.json","markdown":"https://secwatch.observer/filing/0001171843-23-005250.md","text":"https://secwatch.observer/filing/0001171843-23-005250.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/101295/000117184323005250/0001171843-23-005250-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/101295/000117184323005250/f8k_080823.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T13:44:57.106262+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":"321a76e692c35c9e121bc89c28ec1410fb1c07d8","claim":"UNITED GUARDIAN INC reported the second quarter and first half of 2023 results: revenue $2,650,299, net income $461,094 ($0.10 per share), EPS $0.10 per share.","evidence_excerpt":"in 2022 to $5,220,623 in 2023. Net income decreased from $1,544,789 ($0.34 per share) to $1,217,175 ($0.26 per share). Second quarter sales decreased from $3,626,177 to $2,650,299, with net income decreasing from $633,324 ($0.14 per share) to $461,094 ($0.10 per share). Donna Vigilante, President of United-Guardian, stated, “The sales decrease for both the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/101295/000117184323005250/0001171843-23-005250-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter and first half of 2023"},{"label":"Revenue","value":"$2,650,299"},{"label":"Net income","value":"$461,094 ($0.10 per share)"},{"label":"EPS","value":"$0.10 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"}