{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-006957","form_type":"8-K","ticker":"WFCF","cik":"0001360565","company_name":"Where Food Comes From, Inc.","filed_at":"2024-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.948147+00:00","generated_at":"2026-06-06T00:08:10.582551+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Where Food Comes From Q4 net income up 58%; verification revenue +17% to $5.5M","bullets":["Q4 total revenue +10% to $6.7M; verification revenue +17% to $5.5M; product revenue flat at $0.9M.","Q4 net income $776K ($0.14 diluted EPS) vs $490K ($0.08); adjusted EBITDA +31% to $1.3M.","FY 2023 total revenue $25.1M (up slightly); net income +8% to $2.2M ($0.39 diluted EPS).","Bought back >$3.9M stock in FY; cash from ops $2.8M; cash & equivalents $2.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-006957","json":"https://secwatch.observer/filing/0001493152-24-006957.json","markdown":"https://secwatch.observer/filing/0001493152-24-006957.md","text":"https://secwatch.observer/filing/0001493152-24-006957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1360565/000149315224006957/0001493152-24-006957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1360565/000149315224006957/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T00:08:10.582551+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":"9e3967a56540a3ef6c1830d16ba051155f8ea3a5","claim":"Where Food Comes From, Inc. reported the fourth quarter and full-year ended December 31, 2023 results: revenue $6.7 million, net income $776,000, EPS $0.14 per diluted share.","evidence_excerpt":"Total revenue in the fourth quarter ended December 31, 2023, increased 10% to $6.7 million from $6.1 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1360565/000149315224006957/0001493152-24-006957-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full-year ended December 31, 2023"},{"label":"Revenue","value":"$6.7 million"},{"label":"Net income","value":"$776,000"},{"label":"EPS","value":"$0.14 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fcc16bd6473f2b16a23a0549de16e0460473a2f5","claim":"Where Food Comes From, Inc. reported Full Year Results – 2023 vs. 2022 results: revenue $25.1 million, net income $2.2 million, EPS $0.39 per diluted share.","evidence_excerpt":"Verification and certification revenue up 10% to $19.4 million from $17.6 million ● Product sales decline 8% to $4.0 million from $4.4 million ● Total revenue up slightly to $25.1 million from $24.8 million ● Net income increases 8% to $2.2 million from $2.0 million ● Diluted EPS of $0.39 vs. $0.33 ● Adjusted EBITDA flat at $3.8 million ● Cash generated from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1360565/000149315224006957/0001493152-24-006957-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year Results – 2023 vs. 2022"},{"label":"Revenue","value":"$25.1 million"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.39 per diluted 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"}