{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-017250","form_type":"8-K","ticker":"BDCO","cik":"0000793306","company_name":"BLUE DOLPHIN ENERGY CO","filed_at":"2025-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.291803+00:00","generated_at":"2026-05-21T06:42:48.045759+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":"Blue Dolphin Q1 2025 net income falls 66% to $2.2M; EPS $0.15","bullets":["Net income of $2.2M ($0.15 per share) vs $6.6M ($0.44) in Q1 2024, a 66% decline.","Gross profit $6.1M versus $11.2M year-over-year; refining EBITDA $4.9M vs $10.2M.","Revenue $83.7M, down 8% from $91.0M; total EBITDA $5.1M compared to $10.5M.","Cash and restricted cash $2.3M at March 31, 2025, up from $1.1M at Dec 31, 2024.","Working capital deficit improved to $14.5M from $19.1M sequentially."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-017250","json":"https://secwatch.observer/filing/0001437749-25-017250.json","markdown":"https://secwatch.observer/filing/0001437749-25-017250.md","text":"https://secwatch.observer/filing/0001437749-25-017250.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/793306/000143774925017250/0001437749-25-017250-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/793306/000143774925017250/bdco20250508_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T06:42:48.045759+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}