{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-002152","form_type":"8-K","ticker":"SLSN","cik":"0000883107","company_name":"SOLESENCE, INC.","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.283811+00:00","generated_at":"2026-06-03T13:13:15.560211+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nanophase reports record Q1 revenue $9.9M, net income $0.9M vs loss, BASF litigation resolved","bullets":["Q1 revenue $9.9M (+4% YoY); net income $0.9M vs net loss of $1.2M in Q1 2023.","Gross margin improved to 36% from 23% YoY; Solésence product revenue contributed $8.0M.","BASF litigation amicably resolved; company expects breakout year with $40M+ in shipped/open orders.","Three consecutive profitable months (Jan-Mar 2024); margin expansion due to improved product mix."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-002152","json":"https://secwatch.observer/filing/0001171843-24-002152.json","markdown":"https://secwatch.observer/filing/0001171843-24-002152.md","text":"https://secwatch.observer/filing/0001171843-24-002152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883107/000117184324002152/0001171843-24-002152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883107/000117184324002152/f8k_042324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T13:13:15.560211+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":"ed1fd9d8309686875be963fdf9ef8017c2df8519","claim":"SOLESENCE, INC. reported the first quarter ended March 31, 2024 results: revenue $9.9 million, net income $0.9 million.","evidence_excerpt":"herein by reference. --- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 Nanophase Reports Record First Quarter Results — Delivered $9.9 Million in Q1 Revenue — $0.9 Million in Profit — BASF Litigation Resolved ROMEOVILLE, Ill., April 23, 2024 (GLOBE NEWSWIRE) -- Nanophase Technologies Corporation (OTCQB: NANX), a leader","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883107/000117184324002152/0001171843-24-002152-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$9.9 million"},{"label":"Net income","value":"$0.9 million"},{"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"}