{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-015348","form_type":"8-K","ticker":"LUVU","cik":"0001374567","company_name":"Luvu Brands, Inc.","filed_at":"2022-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.361479+00:00","generated_at":"2026-06-21T18:17:35.098879+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Luvu Brands reports record Q1 net sales of $8.1M, net income up to $0.5M","bullets":["Q1 net sales increased 29.5% YoY to a record $8.1M; Liberator brand sales up 86% to $5.1M.","Net income was $492K ($0.01 per share) vs $227K ($0.00) in prior year; adjusted EBITDA $675K.","Gross margin improved to 24.5% from 24.1%; operating expenses held at ~17% of sales.","Cash and equivalents totaled $1.3M at quarter-end, up from $0.9M at June 30, 2022.","Management cited growth from Netflix product placement and expanded multi-channel marketing."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-015348","json":"https://secwatch.observer/filing/0001654954-22-015348.json","markdown":"https://secwatch.observer/filing/0001654954-22-015348.md","text":"https://secwatch.observer/filing/0001654954-22-015348.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1374567/000165495422015348/0001654954-22-015348-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1374567/000165495422015348/luvu_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T18:17:35.098879+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":"011c3d464955f09d890a380d36656105e0b42751","claim":"Luvu Brands, Inc. reported fiscal first quarter ended September 30, 2022 results: revenue $8.1 million, net income $0.5 million, EPS $0.01 per share.","evidence_excerpt":"Net sales increased 29.5% to a record $8.1 million. · Total gross profit of $2.0 million, an increase from prior year’s $1.5 million. · Gross profit as a percentage of net sales of 24.5% compared to 24.1% in the prior year. · Operating expenses were $1.4 million compared to $1.2 million in fiscal 2022. · Net income was $0.5 million, or $0.01 per share, compared to net income of $0.2 million, or $0.00 per share, in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1374567/000165495422015348/0001654954-22-015348-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended September 30, 2022"},{"label":"Revenue","value":"$8.1 million"},{"label":"Net income","value":"$0.5 million"},{"label":"EPS","value":"$0.01 per share"},{"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"}