secwatch.observer — SEC 8-K summary
======================================

Issuer:     FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
CIK:        0001069394
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001493152-23-017796
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FSI Q1 2023 net income falls to $0.07/share; sales down 9% YoY
--------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069394/000149315223017796/0001493152-23-017796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069394/000149315223017796/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-017796

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