{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-016983","form_type":"8-K","ticker":"FTLF","cik":"0001374328","company_name":"FITLIFE BRANDS, INC.","filed_at":"2026-05-14T18:00:30+00:00","discovered_at":"2026-05-14T18:01:23.512591+00:00","generated_at":"2026-05-14T18:01:53.732561+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"confidence":"high","headline":"FitLife Q1 revenue up 59% to $25.3M but net income falls to $1.7M; adjusted EBITDA down 3%","bullets":["Total revenue $25.3M (+59% YoY); wholesale $14.1M (+166%), online $11.2M (+6%).","Net income $1.7M ($0.17 diluted EPS) vs. $2.0M ($0.20) YoY; adjusted EBITDA $3.3M (-3%).","Gross margin 37.6% vs. 43.1% driven by lower-margin Irwin acquisition; Legacy FitLife revenue down 22%.","Irwin added $10.3M wholesale revenue; Amazon run-rate reached ~$9.6M annual; out-of-stocks caused $1-1.5M lost revenue.","Debt: $37.6M term loan + $4.2M revolver; net debt $40.6M; cash $1.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-016983","json":"https://secwatch.observer/filing/0001437749-26-016983.json","markdown":"https://secwatch.observer/filing/0001437749-26-016983.md","text":"https://secwatch.observer/filing/0001437749-26-016983.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1374328/000143774926016983/0001437749-26-016983-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1374328/000143774926016983/ftlf20260514_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T18:01:53.732561+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"}