{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-027400","form_type":"8-K","ticker":"HOUR","cik":"0001874875","company_name":"Hour Loop, Inc","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.955821+00:00","generated_at":"2026-06-11T23:34:18.086158+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Hour Loop Q2 revenue up 51.5% to $22.4M; net loss widens; raises FY revenue guidance","bullets":["Net revenues $22.4M (+51.5% YoY); net loss $0.8M ($0.02/diluted share) vs $0.3M loss a year ago.","Gross margin fell to 50.7% from 56.5% due to competition and higher Amazon fees.","Cash dropped to $1.1M from $4.6M at year-end 2022; inventory down to $14.4M from $18.8M.","Full-year 2023 gross revenue guidance raised to $132M-$145M (30-40% YoY growth); net income kept at $0.5M-$4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-027400","json":"https://secwatch.observer/filing/0001493152-23-027400.json","markdown":"https://secwatch.observer/filing/0001493152-23-027400.md","text":"https://secwatch.observer/filing/0001493152-23-027400.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874875/000149315223027400/0001493152-23-027400-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874875/000149315223027400/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:34:18.086158+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":"689f5851a49c8da429193ea1d8bd097ba0dc96ce","claim":"Hour Loop, Inc reported the quarter ended June 30, 2023 results: revenue $22.4 million, net income $0.8 million, EPS $0.02 per diluted share. Guidance raised.","evidence_excerpt":"retailer, announces its financial and operational results for the quarter ended June 30, 2023. Financial Highlights for Second Quarter 2023: ● Net revenues increased 51.5% to $22.4 million, compared to $14.8 million in the year-ago period; ● Net loss totaled $0.8 million, compared to $0.3 million in the year-ago period; and ● Cash used for operating activities","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874875/000149315223027400/0001493152-23-027400-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$22.4 million"},{"label":"Net income","value":"$0.8 million"},{"label":"EPS","value":"$0.02 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}