{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-009669","form_type":"8-K","ticker":"HOUR","cik":"0001874875","company_name":"Hour Loop, Inc","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.329529+00:00","generated_at":"2026-05-22T00:36:29.014522+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Hour Loop Q1 revenue up 4.7% to $25.8M; net income falls to $0.7M, margins compress","bullets":["Net revenues $25.8M (+4.7% YoY); net income $0.7M ($0.02 diluted EPS) vs $1.1M ($0.03) in Q1 2024.","Gross margin declined to 54.7% from 58.6% due to competition and higher inbound costs.","Cash used in operations $0.02M vs provided $0.5M a year ago; cash balance $1.3M, down from $2.1M.","No FY2025 guidance provided citing economic uncertainty from tariffs.","CEO Sam Lai notes talent retention drove higher operating expenses via quarterly profit-sharing."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-009669","json":"https://secwatch.observer/filing/0001641172-25-009669.json","markdown":"https://secwatch.observer/filing/0001641172-25-009669.md","text":"https://secwatch.observer/filing/0001641172-25-009669.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874875/000164117225009669/0001641172-25-009669-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874875/000164117225009669/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T00:36:29.014522+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"}