{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-22-008634","form_type":"8-K","ticker":"UPXI","cik":"0001775194","company_name":"UPEXI, INC.","filed_at":"2022-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.073050+00:00","generated_at":"2026-06-21T18:44:23.780553+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Upexi Q1 revenue surges 199% to $11.6M; net loss of $2.7M vs profit prior year","bullets":["Revenue $11.6M (+199% YoY); gross profit $6M (+132% YoY); gross margin 52%.","Net loss from continued ops $2.7M vs net income $512K in year-ago quarter.","Acquired LuckyTail (pet brand) and E-Core/Tytan Products; sold select CBD assets for $23.5M.","Eliminated $15M senior secured debt facility; expects ~$900K annual interest savings.","CEO projects ~$100M in sales for calendar 2023; cash $3.3M and equity $27M."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-22-008634","json":"https://secwatch.observer/filing/0001477932-22-008634.json","markdown":"https://secwatch.observer/filing/0001477932-22-008634.md","text":"https://secwatch.observer/filing/0001477932-22-008634.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775194/000147793222008634/0001477932-22-008634-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775194/000147793222008634/upxi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T18:44:23.780553+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":"6ebde39feb39132a4c80c5d69ebe83ec6a3f8032","claim":"UPEXI, INC. reported the fiscal 2023 first quarter ending September 30, 2022 results: revenue $11.6 million, net income $2.7 million.","evidence_excerpt":"today announced its financial results for the fiscal 2023 first quarter ending September 30, 2022. Fiscal 2023 First Quarter Financial Highlights: · Revenue totaled $11.6 million, an increase of 199% year-over-year. · Gross profit totaled $6 million, an increase of 132% year-over-year. · Gross profit margin was 52%. · Net loss from continued operations was $2.7 million compared to net income of approximately $512,000 for the same period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793222008634/0001477932-22-008634-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal 2023 first quarter ending September 30, 2022"},{"label":"Revenue","value":"$11.6 million"},{"label":"Net income","value":"$2.7 million"},{"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"}