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

Issuer:     Where Food Comes From, Inc. (WFCF)
CIK:        0001360565
Form:       8-K
Filed at:   2026-05-15T13:18:54+00:00
Accession:  0001493152-26-023412
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Where Food Comes From Q1 revenue $5.4M, net income triples to $92K
------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360565/000149315226023412/0001493152-26-023412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360565/000149315226023412/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-023412

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