{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-006959","form_type":"8-K","ticker":"WHLM","cik":"0001013706","company_name":"Wilhelmina International, Inc.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.858207+00:00","generated_at":"2026-06-08T06:00:13.957187+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Wilhelmina Q3 net income falls 81% to $0.36M; revenue up 0.7% to $4.47M","bullets":["Net income $0.4M ($0.07 EPS) vs $1.9M ($0.37 EPS) last year; prior year included $1.5M deferred tax benefit release.","Revenue $4.5M, up 0.7% YoY on increased commissions from model bookings.","Operating income $467k (-30.4%); EBITDA $540k (-34.1%); adjusted EBITDA $547k.","Nine-month revenue $13.4M (-1.8%); net income $0.5M (-85.8%) vs $3.5M.","Cash and equivalents $10.9M, down from $12.0M at Dec 2022; no debt outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-006959","json":"https://secwatch.observer/filing/0001171843-23-006959.json","markdown":"https://secwatch.observer/filing/0001171843-23-006959.md","text":"https://secwatch.observer/filing/0001171843-23-006959.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323006959/0001171843-23-006959-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323006959/f8k_110723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:00:13.957187+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":"3052494a7021a42c2a36cf4f967943a431f2c3bb","claim":"Wilhelmina International, Inc. reported third quarter ended September 30, 2023 results: revenue $4,472, net income $359, EPS $0.07 per fully diluted share.","evidence_excerpt":"International, Inc. Reports Results for Third Quarter 2023 Third Quarter Financial Results (in thousands) Q3 23 Q3 22 YOY Change Q3 23 YTD Q3 22 YTD YOY Change Total Revenues $ 4,472 $ 4,442 0.7 % $ 13,449 $ 13,689 (1.8 %) Operating Income 467 671 (30.4 %) 845 2,585 (67.3 %) Income Before Provision for Taxes 485 776 (37.5 %) 783 2,789 (71.9 %) Net Income 359","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013706/000117184323006959/0001171843-23-006959-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$4,472"},{"label":"Net income","value":"$359"},{"label":"EPS","value":"$0.07 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"}