{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-018289","form_type":"8-K","ticker":"FGI","cik":"0001864943","company_name":"FGI Industries Ltd.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.180985+00:00","generated_at":"2026-06-08T11:08:38.145754+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FGI Industries Q3 2023 revenue falls 22.3% to $29.9M; net income of $0.3M","bullets":["Total revenues $29.9M, down 22.3% YoY from $38.5M in Q3 2022.","Gross profit $7.8M, down 2.6% YoY; gross margin improved 530 bps to 26.2%.","Net income of $0.3M vs. net income of $0.1M in prior year; adjusted net income $0.4M.","Adjusted operating income of $0.6M for the quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-018289","json":"https://secwatch.observer/filing/0001558370-23-018289.json","markdown":"https://secwatch.observer/filing/0001558370-23-018289.md","text":"https://secwatch.observer/filing/0001558370-23-018289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1864943/000155837023018289/0001558370-23-018289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1864943/000155837023018289/fgi-20231108x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T11:08:38.145754+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":"64b1c6ff0069c87dbdae63a603ec25418540ffa7","claim":"FGI Industries Ltd. reported third quarter 2023 results: revenue 29.9 million, net income 0.3 million.","evidence_excerpt":"Total revenues of $29.9 million, (22.3%) y/y ▪ Gross profit of $7.8 million, (2.6%) y/y, Gross margin of 26.2%, +530 bps y/y ▪ Net Income of $0.3 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1864943/000155837023018289/0001558370-23-018289-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"29.9 million"},{"label":"Net income","value":"0.3 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"}