{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-015527","form_type":"8-K","ticker":"SGRP","cik":"0001004989","company_name":"SPAR Group, Inc.","filed_at":"2023-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.543136+00:00","generated_at":"2026-06-14T16:55:09.514138+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SPAR Group Q1 revenue up 9.1% to $64.4M; operating income up 52% to $3.2M","bullets":["Net revenues $64.4M (+9.1% YoY; +12.4% constant currency); Americas segment grew 13.0%.","Gross profit margin expanded 190 bps to 22.0% from 20.1% on improved contract terms and cost controls.","Operating income $3.2M, up 52% from $2.1M; net income attributable to SPAR $866K ($0.04/diluted) vs $674K ($0.03).","Consolidated Adjusted EBITDA $4.2M vs $2.4M prior year; Adjusted net income $1.3M ($0.06/share).","Company continues strategic review (no update); strong balance sheet, expanding services with blue-chip clients."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-015527","json":"https://secwatch.observer/filing/0001437749-23-015527.json","markdown":"https://secwatch.observer/filing/0001437749-23-015527.md","text":"https://secwatch.observer/filing/0001437749-23-015527.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004989/000143774923015527/0001437749-23-015527-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1004989/000143774923015527/sgrp20230522_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T16:55:09.514138+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":"15663b7c3699c2ca91bbd779fbfcbf8ed6971249","claim":"SPAR Group, Inc. reported the first quarter ended March 31, 2023 results: revenue $64.4 million, net income $866 thousand, EPS $0.04 per share.","evidence_excerpt":"First Quarter 2023 Financial Results Net revenues were $64.4 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1004989/000143774923015527/0001437749-23-015527-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$64.4 million"},{"label":"Net income","value":"$866 thousand"},{"label":"EPS","value":"$0.04 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"}