{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-025096","form_type":"8-K","ticker":"FGI","cik":"0001864943","company_name":"FGI Industries Ltd.","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.240585+00:00","generated_at":"2026-05-21T18:29:22.368718+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FGI Q1 revenue up 8% to $33.2M but swings to operating loss of $1.3M; guides FY25 revenue $135-145M","bullets":["Revenue $33.2M (+8% YoY); gross margin 26.8% (-60bps); operating loss $1.3M (vs $0.3M income).","Net loss attributable to shareholders $0.6M ($0.07/diluted share) vs net income $0.4M ($0.04/share).","Adjusted net loss $1.1M ($0.11/diluted share) vs adjusted net income $0.2M ($0.02/share).","Bath Furniture +32.7%, Other/Kitchen Cabinets +135.7% (Covered Bridge); Sanitaryware -1.7%, Shower Systems -1.3%.","FY2025 guidance: revenue $135-145M, adj op income $(2.0)-1.5M, adj net income $(1.9)-1.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-025096","json":"https://secwatch.observer/filing/0001628280-25-025096.json","markdown":"https://secwatch.observer/filing/0001628280-25-025096.md","text":"https://secwatch.observer/filing/0001628280-25-025096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1864943/000162828025025096/0001628280-25-025096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1864943/000162828025025096/fgi-20250513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T18:29:22.368718+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"}