secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Kinetics Holding Corp (HKHC)
CIK:        0000088000
Form:       8-K
Filed at:   2022-08-12T23:59:59+00:00
Accession:  0001564590-22-029314
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scott's Liquid Gold Q2 net loss widens to $4.3M; revenue down 17% same-brand; $3.6M impairment
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- Net sales of $5.4M, down ~17% YoY on same-brand basis due to Dryel sale, Batiste discontinuation, and supply chain issues with BIZ powder boosters.
- Net loss of $4.3M vs $1.1M in prior year; includes $3.6M impairment of goodwill and intangible assets for Kids N Pets and Messy Pet lines.
- Adjusted net loss from operations was $0.6M in both Q2 2022 and Q2 2021, reflecting cost structure improvements.
- Terminated exclusive distributor agreement for Alpha Skin Care in China; pursuing new go-to-market strategy.
- Generated $0.5M operating cash flow in the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88000/000156459022029314/0001564590-22-029314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88000/000156459022029314/slgd-8k_20220812.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-029314

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