{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-009953","form_type":"8-K","ticker":"FGNX","cik":"0001591890","company_name":"FG Nexus Inc.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.733949+00:00","generated_at":"2026-06-04T19:32:54.185587+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Fundamental Global reports FY 2023 net income of $2.1M vs loss in 2022; premiums up 28%","bullets":["Net income attributable to common shareholders $2.1M ($0.21 dil EPS) vs net loss $0.7M ($0.09 loss) in 2022.","Net reinsurance premiums earned $16.6M for 2023, up from $13.0M in 2022; Q4 premiums $5.1M vs $3.2M.","Net investment income $9.8M in 2023, up from $6.8M in 2022, driven by iCoreConnect business combination gains.","Paid $1.8M ($2.00/share) dividends on 8% Series A Preferred Stock for 2023.","Total shareholders' equity $42.5M at Dec 31, 2023, up $5.2M from $37.3M at Dec 31, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-009953","json":"https://secwatch.observer/filing/0001493152-24-009953.json","markdown":"https://secwatch.observer/filing/0001493152-24-009953.md","text":"https://secwatch.observer/filing/0001493152-24-009953.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591890/000149315224009953/0001493152-24-009953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591890/000149315224009953/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T19:32:54.185587+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":"4a4f578b882589f8332d5b8871044f84d7d97305","claim":"FG Nexus Inc. reported fourth quarter and full year ended December 31, 2023 results: net income Net income attributable to common shareholders for the year ended December 31, 2023, was $2.1 million, or $0.21 per full.","evidence_excerpt":"Net income attributable to common shareholders for the year ended December 31, 2023, was $2.1 million, or $0.21 per fully diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1591890/000149315224009953/0001493152-24-009953-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2023"},{"label":"Net income","value":"Net income attributable to common shareholders for the year ended December 31, 2023, was $2.1 million, or $0.21 per full"},{"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"}