secwatch.observer — SEC 8-K summary
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Issuer:     Where Food Comes From, Inc. (WFCF)
CIK:        0001360565
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001493152-24-045479
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WFCF Q3 net income down 32% to $492k; diluted EPS $0.09 vs $0.13
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- Total revenue up 1% to $7.1M; verification revenue +2% to $5.5M, product sales +9% to $1.3M.
- Net income $492k vs $723k (-32%); diluted EPS $0.09 vs $0.13.
- Adjusted EBITDA $0.8M vs $1.2M (-29%).
- Nine-month revenue $19.1M (+4%), net income $1.2M (-16%), diluted EPS $0.21 vs $0.24.
- Stock buybacks: 66,620 shares in Q3; YTD total 216,039 shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360565/000149315224045479/0001493152-24-045479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360565/000149315224045479/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-045479

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