secwatch.observer — SEC 8-K summary
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Issuer:     BLUE DOLPHIN ENERGY CO (BDCO)
CIK:        0000793306
Form:       8-K/A
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001437749-24-027045
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 9.01, 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Blue Dolphin Q2 net loss $6.4M ($0.43/share); revenue $69.7M, gross deficit $4.1M
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- Net loss of $6.35M vs $1.56M loss in Q2 2023; per-share loss $0.43.
- Gross deficit $4.06M from $5.5M inventory impairment and $1.2M turnaround costs.
- Adjusted EBITDA negative $5.92M, down from positive $0.78M a year ago.
- Six-month net income $0.27M ($0.02/share); adjusted EBITDA $4.61M.
- Working capital improved to positive $18.8M from deficit $6.1M at Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793306/000143774924027045/0001437749-24-027045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793306/000143774924027045/bdco20240815_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-027045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer