{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-016423","form_type":"8-K","ticker":"HQI","cik":"0001140102","company_name":"HireQuest, Inc.","filed_at":"2026-05-12T20:07:57+00:00","discovered_at":"2026-05-12T20:09:01.315855+00:00","generated_at":"2026-05-12T21:24:07.388953+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"HireQuest Q1 revenue down 12.7% to $6.5M; net income $1.6M ($0.11 EPS)","bullets":["Total revenue $6.5M vs $7.5M prior year; decline partly due to MRINetwork divestiture on Jan 1, 2026.","Net income $1.6M ($0.11 diluted EPS) vs $1.4M ($0.10); adjusted net income $1.8M ($0.13) flat YoY.","System-wide sales fell 13.4% to $102.6M; prior-year included $16.0M from divested MRINetwork assets.","SG&A down 18.8% to $4.3M; cash $1.0M; no debt; $40.3M available under line of credit.","Quarterly dividend maintained at $0.06 per share; company intends to continue $0.06 quarterly."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-016423","json":"https://secwatch.observer/filing/0001437749-26-016423.json","markdown":"https://secwatch.observer/filing/0001437749-26-016423.md","text":"https://secwatch.observer/filing/0001437749-26-016423.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1140102/000143774926016423/0001437749-26-016423-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1140102/000143774926016423/hqi20260512c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T21:24:07.388953+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":"4682d694458449969b83839f3c087bc6147cd7a2","claim":"HireQuest, Inc. reported first quarter ended March 31, 2026 results: revenue $6.5 million, net income $1.6 million, EPS $0.11 per diluted share.","evidence_excerpt":"in franchise royalties and $74,000 in service revenue related to MRINetwork assets which were divested on January 1, 2026. Total revenue in the first quarter of 2026 was $6.5 million compared to $7.5 million in the prior year period, a decrease of 12.7%. SG&A expenses in the first quarter of 2026 were $4.3 million compared to $5.3 million in the first quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1140102/000143774926016423/0001437749-26-016423-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$6.5 million"},{"label":"Net income","value":"$1.6 million"},{"label":"EPS","value":"$0.11 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"}