{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-023024","form_type":"8-K","ticker":"HQI","cik":"0001140102","company_name":"HireQuest, Inc.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.231214+00:00","generated_at":"2026-06-11T16:32:15.513435+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"HireQuest Q2 revenue +12% to $9.0M, net income -57% to $2.1M ($0.15 EPS)","bullets":["Franchise royalties rose 20.5% to $8.7M from $7.2M; system-wide sales $157M vs $120M.","SG&A surged 74.5% to $5.6M on MRI acquisition costs and $690K workers' comp charge.","Adjusted EBITDA fell to $3.9M from $5.8M; net income $0.15 diluted EPS vs $0.35.","Cash $2.1M, credit line availability $23.2M; quarterly dividend maintained at $0.06/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-023024","json":"https://secwatch.observer/filing/0001437749-23-023024.json","markdown":"https://secwatch.observer/filing/0001437749-23-023024.md","text":"https://secwatch.observer/filing/0001437749-23-023024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1140102/000143774923023024/0001437749-23-023024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1140102/000143774923023024/hqi20230810_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T16:32:15.513435+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":"5580da241847fe5a3fc85930fc6e7d793f65610e","claim":"HireQuest, Inc. reported quarter ended June 30, 2023 results: revenue Total revenue increased 12.4% to $9.0 million, net income Net income from continuing operations decreased 57.2% to $2.1 million, EPS $0.15 per diluted share.","evidence_excerpt":"June 30, 2023. Second Quarter 2023 Summary ● Franchise royalties increased 20.5% to $8.7 million compared to $7.2 million in the prior year period. ● Total revenue increased 12.4% to $9.0 million compared to $8.0 million in the prior year period. ● Income from operations decreased 37.4% to $2.7 million compared to $4.3 million in the prior year period. ●","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1140102/000143774923023024/0001437749-23-023024-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Revenue","value":"Total revenue increased 12.4% to $9.0 million"},{"label":"Net income","value":"Net income from continuing operations decreased 57.2% to $2.1 million"},{"label":"EPS","value":"$0.15 per diluted 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"}