{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-029101","form_type":"8-K","ticker":"FSI","cik":"0001069394","company_name":"FLEXIBLE SOLUTIONS INTERNATIONAL INC","filed_at":"2023-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.067093+00:00","generated_at":"2026-06-11T08:15:03.050363+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FSI reports Q2 2023 net income down 51% YoY; CEO expects full-year revenue flat to down","bullets":["Q2 2023 revenue $10.33M (-7% YoY); net income $809,865 ($0.07 EPS) vs $1.66M ($0.13 EPS) in Q2 2022.","CEO cites higher cost of goods, lower sales, and product mix; predicted rebound did not occur.","Full-year 2023 revenue expected flat to mildly down compared to 2022.","6-month non-GAAP operating cash flow $3.22M ($0.26/share) vs $4.42M ($0.36/share) in prior year.","NanoChem division and ENP subsidiary remain dominant revenue and cash flow sources."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-029101","json":"https://secwatch.observer/filing/0001493152-23-029101.json","markdown":"https://secwatch.observer/filing/0001493152-23-029101.md","text":"https://secwatch.observer/filing/0001493152-23-029101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1069394/000149315223029101/0001493152-23-029101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1069394/000149315223029101/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T08:15:03.050363+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":"8f77d4e3b9a63b7f42a7e4461227e3c98d550cb3","claim":"FLEXIBLE SOLUTIONS INTERNATIONAL INC reported second quarter ended June 30, 2023 results: revenue $10,331,291, net income $809,865, EPS $0.07 per share.","evidence_excerpt":"“We are observing headwinds in most of our markets now and expect full year revenue to be flat to mildly down compared to 2022.” ● Sales for the second quarter (Q2) were $10,331,291, down approximately 7% when compared to sales of $11,165,143 in the corresponding period a year ago. ● Q2, 2023 net income was $809,865, 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/1069394/000149315223029101/0001493152-23-029101-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$10,331,291"},{"label":"Net income","value":"$809,865"},{"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"}