secwatch.observer — SEC 8-K summary
======================================

Issuer:     QHSLab, Inc. (USAQ)
CIK:        0000856984
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001493152-24-031937
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QHSLab reports strong Q2 2024: revenue +17%, gross margin 62.2%, net loss down 97% to $2.9K
--------------------------------------------------------------------------------

- Q2 revenue $473,073 (+17% YoY); six-month revenue $961,660 (+27%).
- Gross margin improved to 62.2% in Q2 (from 56.0%) and 60.4% YTD (from 54.7%).
- Net operating income turned positive $29,967 in Q2 vs $(35,756) loss; six-month operating income $43,571 vs $(156,514) loss.
- Net loss reduced to $(2,890) in Q2 from $(106,727); six-month net loss $(21,415) from $(299,282).
- Cash from operations improved to $143,961 from $(37,531) outflow in first half.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/856984/000149315224031937/0001493152-24-031937-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/856984/000149315224031937/forn8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-031937

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