{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-023412","form_type":"8-K","ticker":"WFCF","cik":"0001360565","company_name":"Where Food Comes From, Inc.","filed_at":"2026-05-15T13:18:54+00:00","discovered_at":"2026-05-15T13:20:00.287548+00:00","generated_at":"2026-05-15T13:21:10.404144+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Where Food Comes From Q1 revenue $5.4M, net income triples to $92K","bullets":["Revenue $5.4M (+2% YoY); net income $92K ($0.02/sh) vs $31K ($0.01/sh).","Verification revenue $4.4M (+5%); product sales $713K flat; professional services fell to $228K.","Gross margin 39% vs 42% on higher insurance & personnel; SG&A down 15% to $1.7M.","Bought back 24,469 shares for $293K; cumulative buybacks 1.4M shares at $15.5M.","CEO: headwinds from tariffs & smaller herds; new RaiseWell program adopted by Whole Foods."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-023412","json":"https://secwatch.observer/filing/0001493152-26-023412.json","markdown":"https://secwatch.observer/filing/0001493152-26-023412.md","text":"https://secwatch.observer/filing/0001493152-26-023412.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1360565/000149315226023412/0001493152-26-023412-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1360565/000149315226023412/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:21:10.404144+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":"b6ce1d92b6e675048d5c52b29a2b52631807a16a","claim":"Where Food Comes From, Inc. reported first quarter ended March 31, 2026 results: net income $92,000, EPS $0.02 per diluted share.","evidence_excerpt":"Total revenue in the first quarter ended March 31, 2026, increased to $5.4 million from $5.3 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1360565/000149315226023412/0001493152-26-023412-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Net income","value":"$92,000"},{"label":"EPS","value":"$0.02 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b6ce1d92b6e675048d5c52b29a2b52631807a16a","claim":"Where Food Comes From, Inc. reported first quarter ended March 31, 2026 results: net income $92,000, EPS $0.02 per diluted share.","evidence_excerpt":"Net income in the first quarter was $92,000, or $0.02 per diluted share, vs. $31,000, or $0.01 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1360565/000149315226023412/0001493152-26-023412-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Net income","value":"$92,000"},{"label":"EPS","value":"$0.02 per diluted share"},{"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"}