---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020223"
form_type: "8-K"
ticker: "FSI"
cik: "0001069394"
company_name: "FLEXIBLE SOLUTIONS INTERNATIONAL INC"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T18:51:40.776006+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Flexible Solutions Q1 sales $9.22M, net income $457K, down 48% YoY

## Summary
- Sales $9,224,872, down 6% YoY from $9,847,517; EPS $0.04 vs $0.07.
- Net income $457K vs $884K; lower earnings due to higher COGS, depreciation, one-time Naperville closure costs.
- Non-GAAP operating cash flow $1.34M ($0.11/share) vs $1.73M ($0.14/share) YoY.
- Naperville R&D facility closure costs taken in Q1; benefits expected in Q2 and Q3.
- New food/nutraceutical opportunities proceeding toward revenue in 2024.

## SEC filing metadata
- accession: 0001493152-24-020223
- form_type: 8-K
- ticker: FSI
- cik: 0001069394
- company_name: FLEXIBLE SOLUTIONS INTERNATIONAL INC
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069394/000149315224020223/0001493152-24-020223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069394/000149315224020223/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020223
- JSON: https://secwatch.observer/filing/0001493152-24-020223.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020223.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.