{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-006671","form_type":"8-K","ticker":"BDCO","cik":"0000793306","company_name":"BLUE DOLPHIN ENERGY CO","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.243690+00:00","generated_at":"2026-06-15T00:18:15.002193+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Blue Dolphin Q1 net income $16.8M ($1.12/share) vs $3.5M; gross profit up 210% YoY","bullets":["Net income $16.8M ($1.12 diluted EPS) vs $3.5M ($0.27) in Q1 2022, up $13.3M.","Gross profit $20.5M, +210% YoY; refining gross profit $18.3M, +223% YoY.","Cash from operations $13.8M; cash balance $12.5M vs $0.5M at Dec 2022.","Working capital deficit narrowed to $13.9M from $45.2M, a $31.3M improvement.","Management cautious on macro; focuses on balance sheet, expense management, renewable energy."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-006671","json":"https://secwatch.observer/filing/0001654954-23-006671.json","markdown":"https://secwatch.observer/filing/0001654954-23-006671.md","text":"https://secwatch.observer/filing/0001654954-23-006671.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/793306/000165495423006671/0001654954-23-006671-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/793306/000165495423006671/bdco_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:18:15.002193+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":"b4db8badda406ead01204c849539cb916651aa69","claim":"BLUE DOLPHIN ENERGY CO reported first quarter of 2023 results: net income $16.8 million, EPS $1.12 per share.","evidence_excerpt":"Net income increased $13.3 million, from $3.5 million for the first quarter of 2022 to $16.8 million for the first quarter of 2023. On a per share basis, net income increased $0.85 per share, from $0.27 per share for the first quarter 2022 to $1.12 per share for the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/793306/000165495423006671/0001654954-23-006671-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"$16.8 million"},{"label":"EPS","value":"$1.12 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"}