{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-017796","form_type":"8-K","ticker":"FSI","cik":"0001069394","company_name":"FLEXIBLE SOLUTIONS INTERNATIONAL INC","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.846691+00:00","generated_at":"2026-06-14T23:09:28.322337+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FSI Q1 2023 net income falls to $0.07/share; sales down 9% YoY","bullets":["Q1 sales $9.85M, down 9% from $10.78M in Q1 2022.","Net income $884K ($0.07 EPS) vs $1.53M ($0.12 EPS) a year ago.","Non-GAAP operating cash flow $1.73M ($0.14/share) vs $2.47M ($0.20/share).","CEO cites higher COGS and product mix; expects 2023 to exceed 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-017796","json":"https://secwatch.observer/filing/0001493152-23-017796.json","markdown":"https://secwatch.observer/filing/0001493152-23-017796.md","text":"https://secwatch.observer/filing/0001493152-23-017796.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1069394/000149315223017796/0001493152-23-017796-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1069394/000149315223017796/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:09:28.322337+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":"1ff0a004711abbe83d139549f4140a786c171951","claim":"FLEXIBLE SOLUTIONS INTERNATIONAL INC reported first quarter ended March 31, 2023 results: revenue $9,847,517, net income $884,369, EPS $0.07 per share.","evidence_excerpt":"delayed into Q2.” Mr. O’Brien continues, “We still see growth in 2023 across most of our markets and expect the year to exceed 2022.” ● Sales for the first quarter(Q1) were $9,847,517, down approximately 9% when compared to sales of $10,783,280 in the corresponding period a year ago. ● Q1, 2023 net income was $884,369, or $0.07 per share, compared to a net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1069394/000149315223017796/0001493152-23-017796-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$9,847,517"},{"label":"Net income","value":"$884,369"},{"label":"EPS","value":"$0.07 per 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"}