{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-23-000723","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2023-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.853932+00:00","generated_at":"2026-06-10T17:29:41.254454+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Netcapital Q1 FY2024 revenue up 13% to $1.5M; net loss $492K vs prior-year profit","bullets":["Total revenue $1.5M (+13% YoY); funding portal revenue $375,856 (+110% YoY).","Net loss $492K vs net income $65K in Q1 FY2023; diluted loss per share $0.07 vs EPS $0.02.","Loss driven by higher marketing spend and stock-based compensation of $483K (vs $33K prior year).","Began internal testing of secondary trading platform (registered ATS) for private securities.","CEO cites strong quarter; conference call scheduled for Sept 15, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-23-000723","json":"https://secwatch.observer/filing/0001903596-23-000723.json","markdown":"https://secwatch.observer/filing/0001903596-23-000723.md","text":"https://secwatch.observer/filing/0001903596-23-000723.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000190359623000723/0001903596-23-000723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000190359623000723/ncpl_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T17:29:41.254454+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":"943a4f1f436b97c6ed6b70acbd619a4b218c3169","claim":"Netcapital Inc. reported the first quarter of fiscal year 2024 ended July 31, 2023 results: revenue $1.5 million, net income net loss of approximately $492,000, EPS $0.07.","evidence_excerpt":"to support the continued growth of both our investor and issuer communities.” First Quarter Fiscal 2024 Financial Highlights ● Revenue growth of 13% year-over-year to $1.5 million, compared to revenue of $1.3 million in the first quarter of fiscal year 2023. ● Year-over-year increase of 110% in revenue from our funding portal services, which","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1414767/000190359623000723/0001903596-23-000723-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal year 2024 ended July 31, 2023"},{"label":"Revenue","value":"$1.5 million"},{"label":"Net income","value":"net loss of approximately $492,000"},{"label":"EPS","value":"$0.07"},{"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"}