{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-001525","form_type":"8-K","ticker":"UG","cik":"0000101295","company_name":"UNITED GUARDIAN INC","filed_at":"2024-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.091812+00:00","generated_at":"2026-06-04T08:55:21.653817+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"United-Guardian FY 2023 net income flat at $2.58M; net sales down 14% to $10.89M","bullets":["Net sales of $10.89M decreased 14% from $12.70M in 2022; net income $2.58M ($0.56 EPS) unchanged.","Cosmetic ingredients sales fell due to customer destocking and just-in-time ordering, led by largest distributor.","Renacidin supply disruption at end of 2023; production has now resumed through contract manufacturer.","Management sees brighter 2024 with Renacidin restocking, customer reordering, and distributor negotiations.","No guidance or dividend change mentioned in the release."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-001525","json":"https://secwatch.observer/filing/0001171843-24-001525.json","markdown":"https://secwatch.observer/filing/0001171843-24-001525.md","text":"https://secwatch.observer/filing/0001171843-24-001525.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/101295/000117184324001525/0001171843-24-001525-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/101295/000117184324001525/f8k_032024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:55:21.653817+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":"864441e8ae6d7894e9cfa7aedfa46fce98a7f39e","claim":"UNITED GUARDIAN INC reported FY 2023 results: revenue $10,885,154, net income $2,581,370 ($0.56 per share).","evidence_excerpt":"Net sales for the year decreased by 14% from $12,698,503 in 2022 to $10,885,154 in 2023, generating net income of $2,581,370 ($0.56 per share) in 2023 compared to $2,569,512 ($0.56 per share) in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/101295/000117184324001525/0001171843-24-001525-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023"},{"label":"Revenue","value":"$10,885,154"},{"label":"Net income","value":"$2,581,370 ($0.56 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"}