Financial Performance - Total revenues for Q2 2023 were $4.493 million, a decrease of 4.4% compared to $4.699 million in Q2 2022[10] - Service revenues for the first half of 2023 were $8.962 million, down 2.9% from $9.232 million in the same period of 2022[10] - Operating income for Q2 2023 was $149 thousand, a significant decline from $1.040 million in Q2 2022[10] - Net loss for Q2 2023 was $14 thousand, compared to a net income of $921 thousand in Q2 2022[10] - Basic net income per common share for the first half of 2023 was $0.03, down from $0.32 in the same period of 2022[10] - For the six months ended June 30, 2023, the net income decreased to $145 million from $1,660 million in the same period of 2022, representing a decline of approximately 91.3%[14] - Operating expenses for the three months ended June 30, 2023, totaled $4,344,000, an increase of 18.7% from $3,659,000 in the prior year[10] Assets and Liabilities - Total assets as of June 30, 2023, were $41.314 million, a decrease from $41.992 million as of December 31, 2022[8] - Total liabilities decreased to $16.711 million as of June 30, 2023, from $17.781 million at the end of 2022[8] - Shareholders' equity increased to $24.603 million as of June 30, 2023, compared to $24.211 million at the end of 2022[8] - Cash and cash equivalents decreased to $10.943 million as of June 30, 2023, from $11.998 million at the end of 2022[8] Cash Flow - Net cash used in operating activities was $(1,112) million, compared to $(477) million for the same period in 2022, indicating a significant increase in cash outflow[14] - Cash and cash equivalents at the end of the period were $10,943 million, up from $9,311 million at the end of June 30, 2022, reflecting an increase of approximately 17.5%[14] - The company reported a net change in cash and cash equivalents of $(1,055) million, compared to $(940) million in the prior year[14] - The company incurred $49 million in cash paid for income taxes during the first half of 2023, compared to $5 million in the same period of 2022[14] Share Repurchase - The company has repurchased a total of 1,314,694 shares of common stock at an average price of approximately $4.85 per share, totaling approximately $6.4 million in repurchases since 2012[31] - No shares were repurchased under the stock repurchase program during the first six months of 2023[31] Tax and Valuation - The company had no federal income tax loss carryforwards as of June 30, 2023[29] - The company released a full valuation allowance against its deferred tax assets in 2022, resulting in no valuation allowance as of June 30, 2023[28] Legal Proceedings - The company is engaged in various legal proceedings, including the Shanklin and Pressley litigations, which are believed to be without merit but could have a reasonably possible adverse outcome[24]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-36589 WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 74-278195 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ________ to ________ Commission File Number 001-36589 _______________ WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Washington, D.C. 20549 _______________ FORM ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-36589 WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 74-27 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-36589 WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 74-2781950 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-36589 WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 74-278195 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________ FORM 10-K (Mark One) For the Transition Period from ________ to ________ Commission File Number 001-36589 _______________ WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 74-2781950 (IRS Employer Identification Number) 5420 Lyndon B Johnson Freeway, Box #25, Dallas, Texas 75240 (Address of principal executive offi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-36589 WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 74-27 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-36589 WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 74-2781950 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [x] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-36589 WILHELMINA INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 74-27 ...