secwatch.observer — SEC 8-K summary
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Issuer:     UNITED STATES ANTIMONY CORP (UAMY)
CIK:        0000101538
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001654954-23-013300
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UAMY reports net loss of $1.2M for first half 2023, revenue down 34%
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- Revenue decreased $2.5M (34%) to approx $4.9M; gross profit swung to loss of $239K.
- Net loss $1.2M for six months vs net income $1.1M in prior year; EBITDA swing -$2.4M.
- Antimony revenue down 40% ($2.1M), zeolite down 25% ($425K); inventory write-down $456K in Q2.
- Cash $13.7M at June 30; no stock buybacks planned; NYSE listing compliance regained.
- Mexico operations called 'Achilles heel'; exited Wadley property ($100K charge); new management team installed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101538/000165495423013300/0001654954-23-013300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101538/000165495423013300/uamy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-013300

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