{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-017847","form_type":"8-K","ticker":"HOUR","cik":"0001874875","company_name":"Hour Loop, Inc","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.047726+00:00","generated_at":"2026-06-02T22:27:45.377264+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hour Loop Q1 net income $1.1M vs loss $1.2M YoY; revenue up 17.2% to $24.7M","bullets":["Net revenue $24.7M (+17.2% YoY); net income $1.1M ($0.03 diluted EPS) vs loss $1.2M ($0.04 loss per share) in Q1 2023.","Gross margin improved to 58.5% from 45.6% a year ago; operating expenses as % of revenue fell to 52.3% from 53.2%.","Cash from operations $0.5M vs ($3.3M) used a year ago; cash balance $2.9M, inventory down to $11.6M from $14.3M.","Full year 2024 guidance: revenue $145M-$172M (10-30% growth), net income $0.5M-$2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-017847","json":"https://secwatch.observer/filing/0001493152-24-017847.json","markdown":"https://secwatch.observer/filing/0001493152-24-017847.md","text":"https://secwatch.observer/filing/0001493152-24-017847.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874875/000149315224017847/0001493152-24-017847-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874875/000149315224017847/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:27:45.377264+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":"8b347808e2ffb3d41fabf66d236259e5cff44b9d","claim":"Hour Loop, Inc reported the quarter ended March 31, 2024 results: revenue $24.7 million, net income $1.1 million, EPS $0.03 per diluted share. Guidance initiated.","evidence_excerpt":"retailer, announces its financial and operational results for the quarter ended March 31, 2024. Financial Highlights for First Quarter 2024: ● Net revenues increased 17.2% to $24.7 million, compared to $21.1 million in the year-ago period; ● Net income totaled $1.1 million, compared to net loss of $1.2 million in the year-ago period; and ● Cash provided for","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874875/000149315224017847/0001493152-24-017847-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$24.7 million"},{"label":"Net income","value":"$1.1 million"},{"label":"EPS","value":"$0.03 per diluted share"},{"label":"Guidance","value":"initiated"},{"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"}