{"schema_version":"secwatch.filing_event.v1","accession":"0001520138-23-000020","form_type":"8-K","ticker":"AXIL","cik":"0001718500","company_name":"Axil Brands, Inc.","filed_at":"2023-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.294406+00:00","generated_at":"2026-06-20T17:10:44.524126+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Reviv3 Procare reports record Q2 FY2023 revenue of $6.7M, up 1,264% YoY","bullets":["Q2 FY2023 revenue $6,731,999 vs $493,816 prior year, a 1,264% increase driven by hearing product acquisition.","Gross profit rose to $5,039,034 (75% margin) from $381,016 (77% margin) in prior year quarter.","Net income before income tax was $987,944 compared to $28,201 in Q2 FY2022; second consecutive profitable quarter.","Six-month net cash from operations was $2,196,195 vs $28,060 used in prior comparable period.","Company moved headquarters to 901 Fremont Ave, Alhambra, CA; telephone unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001520138-23-000020","json":"https://secwatch.observer/filing/0001520138-23-000020.json","markdown":"https://secwatch.observer/filing/0001520138-23-000020.md","text":"https://secwatch.observer/filing/0001520138-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1718500/000152013823000020/0001520138-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1718500/000152013823000020/rviv-20230110_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T17:10:44.524126+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":"fbb4d03d5eae90a7d7269501aee44eed8b9f9c9f","claim":"Axil Brands, Inc. reported second fiscal quarter ended November 30, 2022 results: revenue $6.7 million, net income $987,944.","evidence_excerpt":"Reviv3 Procare Delivers Record Second Quarter Fiscal 2023 Revenue and Earnings · Record second quarter 2023 revenues of $6.7 million, up 1,264% year-over-year. · Gross profit increased to $5.0 million compared to $0.4 million for the prior year quarter. · Net cash generated from operating activities of $2.2 million with a net increase in cash of over $3.6 million for the first six months of 2023. · Net income before provisions for income tax of $987,944 compared to $28,201 in the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1718500/000152013823000020/0001520138-23-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second fiscal quarter ended November 30, 2022"},{"label":"Revenue","value":"$6.7 million"},{"label":"Net income","value":"$987,944"},{"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"}