secwatch.observer — SEC 8-K summary
======================================

Issuer:     Where Food Comes From, Inc. (WFCF)
CIK:        0001360565
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001641172-25-022956
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WFCF Q2 net income up 15% to $562K; sells Progressive Beef stake for $1.8M
--------------------------------------------------------------------------

- Q2 total revenue $6.6M (+3% YoY); net income $562K ($0.11 diluted EPS) vs $489K ($0.09).
- Gross profit fell to $2.5M from $2.7M on higher compensation and hardware costs; SG&A down.
- Sold 10% Progressive Beef interest for $1.8M cash + return of 12,585 shares; gain of $0.8M.
- Bought back 55,826 shares YTD; total returned to shareholders $14.6M since 2019 including special dividend.
- Two major retailers added to retail labeling program; rollout to >110 stores by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360565/000164117225022956/0001641172-25-022956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360565/000164117225022956/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-022956

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer