{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-010243","form_type":"8-K","ticker":"HOUR","cik":"0001874875","company_name":"Hour Loop, Inc","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.305429+00:00","generated_at":"2026-06-17T08:29:05.556156+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hour Loop FY2022 revenue $95.9M (+52.8%), net loss $1.5M; FY2023 guidance: rev $112-122M, net income $0.5-4M","bullets":["Net revenues $95.9M in 2022, up 52.8% from $62.8M in 2021.","Net loss of $1.5M ($0.04 diluted EPS) vs net income of $4.8M ($0.14 diluted EPS) in 2021.","Gross margin decreased to 51.1% from 55.4%; operating expenses increased 73.7% to $50.9M.","Cash used in operations $11.6M; cash balance $4.6M (Dec 2022) vs $10.6M (Dec 2021); inventory $18.7M vs $7.0M.","FY2023 guidance: gross revenue $112-122M (10-20% growth), net income $0.5-4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-010243","json":"https://secwatch.observer/filing/0001493152-23-010243.json","markdown":"https://secwatch.observer/filing/0001493152-23-010243.md","text":"https://secwatch.observer/filing/0001493152-23-010243.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874875/000149315223010243/0001493152-23-010243-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874875/000149315223010243/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:29:05.556156+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":"11654800758572c078db4957339c96fda815a840","claim":"Hour Loop, Inc reported the year ended December 31, 2022 results: revenue $95.9 million, net income $1.5 million, EPS $0.04 per diluted share. Guidance initiated.","evidence_excerpt":"leading online retailer, announces its financial and operational results for the year ended December 31, 2022. Financial Highlights for 2022: ● Net revenues increased 52.8% to $95.9 million in 2022, compared to $62.8 million in 2021. ● Net loss totaled $1.5 million, compared to net income of $4.8 million in 2021. ● Cash used in operating activities in 2022 was","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874875/000149315223010243/0001493152-23-010243-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$95.9 million"},{"label":"Net income","value":"$1.5 million"},{"label":"EPS","value":"$0.04 per diluted share"},{"label":"Guidance","value":"initiated"},{"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"}