secwatch.observer — SEC 8-K summary
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Issuer:     SOLESENCE, INC. (SLSN)
CIK:        0000883107
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001171843-24-005894
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nanophase reports record Q3 revenue $16.9M, net income $3M; Solésence revenue up 171%
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- Q3 revenue $16.9M (+112% YoY); net income $3.0M vs loss of $1.4M in Q3 2023.
- Solésence segment revenue $13.6M (+171% YoY), driving overall growth.
- Gross profit $6.1M (+299% YoY); gross margin expanded to 36% from 19%.
- Nine-month revenue $39.8M already exceeds full-year 2023 revenue by $2.5M.
- Operational: record units shipped, added automation, expanded to 8 ISO 6 clean rooms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883107/000117184324005894/0001171843-24-005894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883107/000117184324005894/f8k_103024.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-005894

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer