{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-023990","form_type":"8-K","ticker":"USAQ","cik":"0000856984","company_name":"QHSLab, Inc.","filed_at":"2025-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.372785+00:00","generated_at":"2026-05-16T18:59:28.703233+00:00","sec_items":["1.01","2.04","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"QHSLab retires $1.4M in convertible notes for $300K; Q3 revenue up 35% to $737K","bullets":["Repurchased and cancelled $1.4M+ in defaulted convertible notes for $300K cash; conversion rights at $0.20/share eliminated.","Q3 2025 revenue rose 35% YoY to $737,066; gross profit $493,631 (67% margin); operating income $96,251.","Q3 net income of $33,411 vs $49,765 a year ago; YTD net loss of ($99,156) vs $28,350 net income in 2024.","Annualized interest expense reduced by >$200K; cash $158K at Sep 30, 2025; shares outstanding 11,281,527.","CEO cites stronger balance sheet, reduced dilution risk, and focus on growing recurring revenue for 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-023990","json":"https://secwatch.observer/filing/0001493152-25-023990.json","markdown":"https://secwatch.observer/filing/0001493152-25-023990.md","text":"https://secwatch.observer/filing/0001493152-25-023990.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/856984/000149315225023990/0001493152-25-023990-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/856984/000149315225023990/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:59:28.703233+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":"cb7b32e9d2ac10d874d29f0e77a9a16ac79bc3f9","claim":"QHSLab, Inc. reported a default on convertible notes of in excess of $1.4 million at 18 percent per annum.","evidence_excerpt":"The Notes, which had been in default and bore interest at a default rate of 18 percent per annum, had an aggregate outstanding balance consisting of principal and accrued interest in excess of $1.4 million as of the date of redemption.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/856984/000149315225023990/0001493152-25-023990-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"in excess of $1.4 million"},{"label":"Rate","value":"18 percent per annum"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}