{"schema_version":"secwatch.filing_event.v1","accession":"0001193805-23-000733","form_type":"8-K","ticker":"GURE","cik":"0000885462","company_name":"GULF RESOURCES, INC.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.608740+00:00","generated_at":"2026-06-15T01:57:13.238533+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":"Gulf Resources Q1 net loss widens to $557,747; bromine price drop hits margins","bullets":["Revenue $9.30M, +4% YoY; net loss $557,747 vs loss $119,946; EPS -$0.05 vs -$0.01.","Bromine segment gross margin fell to 27% from 52%; avg selling price $4,193/ton vs $8,082/ton.","Operating loss $799,558 vs $65,087; cash from operations $4.83M vs $8.45M.","Cash $115.77M ($11.10/share); book value $274.84M ($26.35/share); cash ~4x market cap.","Chemical factory equipment expected by Q2/Q3 2023; installation/testing ~5–7 months after."],"urls":{"canonical":"https://secwatch.observer/filing/0001193805-23-000733","json":"https://secwatch.observer/filing/0001193805-23-000733.json","markdown":"https://secwatch.observer/filing/0001193805-23-000733.md","text":"https://secwatch.observer/filing/0001193805-23-000733.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885462/000119380523000733/0001193805-23-000733-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885462/000119380523000733/e618634_8k-gulf.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:57:13.238533+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":"433656a5179f0530c43d359acdd1f6931d4aa4b6","claim":"GULF RESOURCES, INC. reported three months ended March 31, 2023 results: revenue $9,302,007, net income ($557,747), EPS loss of $0.05.","evidence_excerpt":"today announced financial results for the three months ended March 31, 2023. · Revenues: $9,302,007, representing an increase of 4% over the same period of 2022. · The Net Loss was ($557,747) compared to a net loss of ($119,946) for the same period last year. · Earnings per share were a loss of $0.05 versus a loss of $0.01 for the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885462/000119380523000733/0001193805-23-000733-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"$9,302,007"},{"label":"Net income","value":"($557,747)"},{"label":"EPS","value":"loss of $0.05"},{"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"}