{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-017585","form_type":"8-K","ticker":"WFCF","cik":"0001360565","company_name":"Where Food Comes From, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.084111+00:00","generated_at":"2026-06-03T00:11:55.480932+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"WFCF Q1 2024 revenue $5.6M (+6%); net income up 47% to $178k","bullets":["Verification & certification revenue rose 17% to $4.4M from $3.8M; product revenue fell 25% to $0.7M.","Diluted EPS grew to $0.03 from $0.02; adjusted EBITDA up 8% to $432k.","Company repurchased 116,072 shares for $1.5M in Q1, totaling ~$11M returned over 13 quarters via buybacks and special dividend.","Cash from operations increased 48% to $0.7M; drought conditions continued to impact herd sizes."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-017585","json":"https://secwatch.observer/filing/0001493152-24-017585.json","markdown":"https://secwatch.observer/filing/0001493152-24-017585.md","text":"https://secwatch.observer/filing/0001493152-24-017585.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1360565/000149315224017585/0001493152-24-017585-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1360565/000149315224017585/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:11:55.480932+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":"b89bb443caf80353add514522b95d1c91a458b73","claim":"Where Food Comes From, Inc. reported the three month period ended March 31, 2024 results: revenue $5.6 million, net income $178,000, EPS $0.03 per diluted share.","evidence_excerpt":"vs. 2023 ● Verification and certification revenue up 17% to $4.4 million from $3.8 million ● Product sales lower at $0.7 million vs. $1.0 million ● Total revenue increased to $5.6 million from $5.3 million ● Net income increased 47% to $178,000 from $121,000 ● Diluted EPS increased to $0.03 from $0.02 ● Adjusted EBITDA up 8% to $432,000 from $399,000 ● Company","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1360565/000149315224017585/0001493152-24-017585-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three month period ended March 31, 2024"},{"label":"Revenue","value":"$5.6 million"},{"label":"Net income","value":"$178,000"},{"label":"EPS","value":"$0.03 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"}