{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-023117","form_type":"8-K","ticker":"BGMS","cik":"0001130166","company_name":"Bio Green Med Solution, Inc.","filed_at":"2026-05-14T20:25:36+00:00","discovered_at":"2026-05-14T20:27:00.279259+00:00","generated_at":"2026-05-14T20:28:10.478842+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Bio Green Med Solution Q1 2026 net loss $0.2M, fire safety revenue $0.8M","bullets":["Net loss of $0.2M vs $0.1M in Q1 2025; prior year had $4.1M net income from discontinued ops.","Fire safety product revenue of $0.8M following Sep 2025 acquisition of Fitters Sdn. Bhd.","Cash and equivalents $3.3M, down from $3.5M; estimated to fund operations into Q4 2026.","G&A expenses fell ~$3.8M to $0.4M due to cost normalization after changes of control.","Trading of 6% Convertible Exchangeable Preferred Stock (BGMSP) suspended and delisted in March; $0.15/share dividend paid May 1, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-023117","json":"https://secwatch.observer/filing/0001493152-26-023117.json","markdown":"https://secwatch.observer/filing/0001493152-26-023117.md","text":"https://secwatch.observer/filing/0001493152-26-023117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1130166/000149315226023117/0001493152-26-023117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1130166/000149315226023117/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T20:28:10.478842+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":"cdbd11587855067e56e7f58c926b11f18e062bde","claim":"Bio Green Med Solution, Inc. reported first quarter ended March 31, 2026 results: revenue $0.8 million, net income Net loss for the three months ended March 31, 2026, was $0.2 million.","evidence_excerpt":"have successfully transitioned our operations to focus on fire safety protection and distribution, and we are encouraged by the early momentum in this business, which generated $0.8 million in product revenue during the quarter.” “Our team has also made significant strides in strengthening our cost structure. General and administrative expenses declined by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1130166/000149315226023117/0001493152-26-023117-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$0.8 million"},{"label":"Net income","value":"Net loss for the three months ended March 31, 2026, was $0.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}