{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-039744","form_type":"8-K","ticker":"EUBG","cik":"0001171326","company_name":"ENTREPRENEUR UNIVERSE BRIGHT GROUP","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.134737+00:00","generated_at":"2026-06-15T00:41:21.259853+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"EUBG Q1 2023 net income rises 10% to $431K; revenue down 2.7% to $1.18M","bullets":["Revenue $1.18M, down 2.7% YoY; increased in RMB due to live streaming client, offset by FX.","Gross profit $1.06M, up 18.5% YoY as suspension of low-margin digital training raised margin to 90%.","Net income $431K, up 10.3% from $391K in Q1 2022.","Cost of revenue fell 63% to $114.6K due to absence of digital training direct costs.","Cash and equivalents $7.09M as of March 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-039744","json":"https://secwatch.observer/filing/0001213900-23-039744.json","markdown":"https://secwatch.observer/filing/0001213900-23-039744.md","text":"https://secwatch.observer/filing/0001213900-23-039744.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1171326/000121390023039744/0001213900-23-039744-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1171326/000121390023039744/ea178572-8k_entrepre.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:41:21.259853+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":"19c53735023f41052fd540d7ce40c0248935a7d3","claim":"ENTREPRENEUR UNIVERSE BRIGHT GROUP reported first quarter ended March 31, 2023 results: revenue $1,176,936, net income $431,457.","evidence_excerpt":"First Quarter of 2023 Unaudited Financial Results Three Months Ended March 31, 2023 2022 $ % of Revenues $ % of Revenues Revenues $ 1,176,936 100 % $ 1,209,004 100 % Cost of revenues (114,554 ) (10 )% (312,479 ) (26 )% Gross profit 1,062,382 90 % 896,525 74 % Selling Expenses: (1,439 ) 0 % (16,595 ) (1 )% General and administrative expenses (423,502 ) (36 )% (311,288 ) (26 )% Total other income, net 86,289 7 % 101,822 8 % Income before income tax 723,730 61 % 670,464 55 % Income tax expense (292,273 ) (25 )% (279,291 ) (23 )% Net income $ 431,457 37 % $ 391,173 32 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1171326/000121390023039744/0001213900-23-039744-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$1,176,936"},{"label":"Net income","value":"$431,457"},{"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"}