{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-023656","form_type":"8-K","ticker":"USIO","cik":"0001088034","company_name":"Usio, Inc.","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.112929+00:00","generated_at":"2026-06-11T09:58:50.212303+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Usio Q2 2023 revenue $21.3M (+31% YoY); turns GAAP profitable","bullets":["Revenue $21.3M, up 31% YoY; 12th consecutive quarter of revenue growth.","GAAP net income $0.2M ($0.01 EPS) vs loss of $1.9M ($0.10) a year ago.","Adjusted EBITDA $1.2M; record gross profit $5.0M, gross margin 23.6% up 350 bps.","Prepaid card revenue surged 276% to $5.2M; spoilage fees expected >$6M in H2 2023.","Reiterates FY2023 revenue growth guidance of 18-20%; cash $6.6M up $0.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-023656","json":"https://secwatch.observer/filing/0001437749-23-023656.json","markdown":"https://secwatch.observer/filing/0001437749-23-023656.md","text":"https://secwatch.observer/filing/0001437749-23-023656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1088034/000143774923023656/0001437749-23-023656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1088034/000143774923023656/usio20230608_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:58:50.212303+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":"e27bb56cbe1280ac7e4fa50992921f95ccb35c8b","claim":"Usio, Inc. reported quarter ended June 30, 2023 results: revenue $21.3 million, net income $0.2 million. Guidance reaffirmed.","evidence_excerpt":"made. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_531777.htm EXHIBIT 99.1 ex_531777.htm Exhibit 99.1 Usio Announces Record Second Quarter 2023 Financial Results Revenue of $21.3 million, up 31% ; 12th Consecutive Quarter of Revenue Growth Third Consecutive Quarter of More than $1 Million of Adjusted EBITDA 1 Reiterates Expectations of 18% - 20% Full Year 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1088034/000143774923023656/0001437749-23-023656-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Revenue","value":"$21.3 million"},{"label":"Net income","value":"$0.2 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}