{"schema_version":"secwatch.filing_event.v1","accession":"0001520138-26-000411","form_type":"8-K","ticker":"AXIL","cik":"0001718500","company_name":"Axil Brands, Inc.","filed_at":"2026-10-06T20:20:27+00:00","discovered_at":"2026-10-06T20:21:00.405650+00:00","generated_at":"2026-10-12T16:15:43.265610+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AXIL Brands Q1 FY2027 revenue fell 11.2% to $6.1M as XCOR II launch shifted sales to Q2","bullets":["Net revenues were $6.1 million vs $6.9 million a year earlier, an 11.2% decline, due to the XCOR-to-XCOR II transition and a non-repeating big-box order.","Gross margin rose to 82.6% from 67.6%, lifted by a non-recurring $0.55 million IEEPA customs duty refund; underlying margin was about 73.6%.","XCOR II orders exceeded $2.8 million as of August 26 and $3.6 million as of September 30, 2026; shipments began in Q2 fiscal 2027.","Net income was $0.4 million, or $0.05 per diluted share, vs $0.3 million or $0.04; operating cash flow was $3.8 million vs $739,000 used.","AXIL ended the quarter with $7.9 million cash, up from $4.5 million at May 31, 2026, and no outstanding borrowings."],"urls":{"canonical":"https://secwatch.observer/filing/0001520138-26-000411","json":"https://secwatch.observer/filing/0001520138-26-000411.json","markdown":"https://secwatch.observer/filing/0001520138-26-000411.md","text":"https://secwatch.observer/filing/0001520138-26-000411.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1718500/000152013826000411/0001520138-26-000411-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1718500/000152013826000411/axil-20261006_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:15:43.265610+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}