secwatch.observer — SEC 8-K summary
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Issuer:     Where Food Comes From, Inc. (WFCF)
CIK:        0001360565
Form:       8-K
Filed at:   2022-08-12T23:59:59+00:00
Accession:  0001493152-22-022185
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WFCF Q2 revenue $5.3M (+4% YoY), EPS $0.04; six-month revenue $11.5M (+20%)
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- Q2 revenue $5.3M (+4% YoY); net income $222K (+10%); diluted EPS $0.04 vs $0.03; adjusted EBITDA $570K (+7%).
- H1 revenue $11.5M (+20%); adjusted EBITDA $1.5M (+66%); net income $0.7M vs $1.4M (prior year had $1M PPP forgiveness).
- Verification/certification revenue up 7% in Q2; product revenue down 9% due to drought; software consulting flat.
- Bought back 60,500 shares in Q2 (94,050 YTD); cash from ops $2.3M (+40%); cash balance $6.4M at June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360565/000149315222022185/0001493152-22-022185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360565/000149315222022185/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-022185

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