{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-031662","form_type":"8-K","ticker":"HOUR","cik":"0001874875","company_name":"Hour Loop, Inc","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.876012+00:00","generated_at":"2026-06-21T21:31:41.022957+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hour Loop Q3 revenue $17.6M (+68% YoY); raises FY2022 guidance to $91-100M","bullets":["Total revenues $17.6M, up 68.4% YoY and 18.6% QoQ; net income $0.15M vs $0.30M YoY (EPS $0.005).","Gross margin 54.43%, up 158 bps YoY; operating expenses $9.5M, up 78.8%.","Cash $1.7M (down from $10.6M); inventory $21.4M (up from $7.0M).","Full year 2022 revenue guidance raised to $91M-$100M (36%-50% YoY growth)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-031662","json":"https://secwatch.observer/filing/0001493152-22-031662.json","markdown":"https://secwatch.observer/filing/0001493152-22-031662.md","text":"https://secwatch.observer/filing/0001493152-22-031662.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/0001493152-22-031662-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T21:31:41.022957+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":"03ed16399028e6d9728f9e345a55d1e5c177c767","claim":"Hour Loop, Inc reported full year 2022 results: revenue in the range of $91 million to $100 million. Guidance raised.","evidence_excerpt":"For the full year 2022, the Company is raising its guidance for gross revenue to be in the range of $91 million to $100 million, representing 36% to 50% year-over-year growth.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/0001493152-22-031662-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Revenue","value":"in the range of $91 million to $100 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"70ae43d8b47da3ddb988ca580f29931e90634fb8","claim":"Hour Loop, Inc reported the third quarter ended September 30, 2022 results: revenue $17.6 million, net income $0.15 million, EPS $0.005 per diluted share.","evidence_excerpt":"Third Quarter 2022 Financial Results Total revenues in the third quarter of 2022 were $17.6 million compared to $10.4 million in the year-ago period and $14.8 million for the second quarter of 2022, respectively. The increase was primarily due to continued growth and maturity in our operating model, despite a continuation in overall e-commerce traffic slowdown. Gross profit percentage increased 1.58% to 54.43%, compared to 52.85% of total revenues in the comparable period a year ago but decreased from 56.46% for the second quarter of 2022. The quarter-over-quarter increase was a function of our aggressive growth initiatives and a heightened inflationary environment causing higher cost of goods sold, increased FBA fees, and strong competition. Operating expenses increased 78.8% to $9.5 million compared to $5.3 million in the year- ago period. This was a function of increased platform fees paid to Amazon, and a significant increase in our labor force. Net income in the third quarter was","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/0001493152-22-031662-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$17.6 million"},{"label":"Net income","value":"$0.15 million"},{"label":"EPS","value":"$0.005 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"}