---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-021789"
form_type: "8-K"
ticker: "ETST"
cik: "0001538495"
company_name: "Earth Science Tech, Inc."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:15:01.347766+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Earth Science Tech reports FY 2023: retired 81% of liabilities, eliminated convertible notes

## Summary
- Retired ~$1.5M (81%) of liabilities; controlling shareholder converted $385K notes to equity, eliminating all convertible debt.
- Completed mergers with RxCompoundStore and Peaks Curative as wholly owned subsidiaries.
- RxCompound obtained dispensing licenses in 7 new states; sterile compounding lab began operations in May 2023.
- CEO expects significant revenue and free cash flow growth in Q1 ending June 30, 2023; no further financing needed absent acquisitions.

## SEC filing metadata
- accession: 0001493152-23-021789
- form_type: 8-K
- ticker: ETST
- cik: 0001538495
- company_name: Earth Science Tech, Inc.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538495/000149315223021789/0001493152-23-021789-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538495/000149315223021789/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-021789
- JSON: https://secwatch.observer/filing/0001493152-23-021789.json
- Plain text: https://secwatch.observer/filing/0001493152-23-021789.txt

## Key facts
- Earnings Releases
  Earth Science Tech, Inc. reported financial results for the year ended March 31, 2023.
  - Period: the year ended March 31, 2023
  - Result: reported results
  source text: On June 20, 2023 Earth Science Tech, Inc., a Florida corporation (the “Company”) filed its 10-K reporting its financial results for the year ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538495/000149315223021789/0001493152-23-021789-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.