secwatch.observer — SEC 8-K summary
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Issuer:     QHSLab, Inc. (USAQ)
CIK:        0000856984
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001493152-24-018806
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QHSLab Q1 revenue up 39% to $488K; posts positive operating income of $13.6K vs loss of $120.8K year ago
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- Q1 2024 revenue $488,587 (+38.6% YoY); Integrated Service Program revenue surged 268% to $127,004.
- Gross margin improved to 58.6% from 53.1%; gross profit $286,158.
- Operating expenses decreased 11.5% to $272,554; net operating income turned positive to $13,604 from a loss of $120,758.
- Allergy Diagnostic Kit sales rose 21% to $237,066; no EPS or net income figures disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/856984/000149315224018806/0001493152-24-018806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/856984/000149315224018806/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018806

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer