{"filings":[{"id":1497516,"accession_number":"0001193125-26-297404","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-07-07T19:35:33+00:00","items":["2.03"],"status":"ready","headline":"Bright Mountain Media defers $840K loan payment, issues 2.98M shares to lender","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Deferred $840,000 quarterly installment on Second Out Loans from June 30 to December 20, 2026.","Interest payment of $210,000 due June 30, 2026 paid-in-kind instead of cash.","Issued 2,980,903 shares (1.5% of pro forma ownership) to Centre Lane Partners as consideration.","Centre Lane Partners now beneficially owns ~28.8% of common stock.","Approximately $93.2 million due under Credit Agreement at maturity on December 20, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1081156,"accession_number":"0001193125-26-272407","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-06-16T19:01:34+00:00","items":["1.01","9.01"],"status":"ready","headline":"Bright Mountain Media sells mom.com domain for $1.1M; lender consent for debt prepayment and PIK","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sold domain www.mom.com and related social media handles to Static Media for $1.1 million.","Proceeds used to prepay $612,624 of First Out Loans, fulfilling June 30, 2026 amortization.","Remaining $1,040,343 Second Out amortization due June 30, 2026 to be paid-in-kind (PIK).","Consent obtained from lenders and Centre Lane Partners; Credit Agreement otherwise unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":38522,"accession_number":"0001193125-26-219222","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-05-12T19:22:57+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q1 net loss improves 60% to $1.3M; Adj. EBITDA up 189% to $2.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $14.0M, down 2% YoY from $14.2M; cost of revenue down 3% to $9.7M.","Net loss of $1.3M vs. $3.2M loss in Q1 2025; gross margin flat at $4.3M.","Adjusted EBITDA of $2.4M, up 189% from $0.8M in Q1 2025.","AdTech revenue $6.6M, consumer insights $5.0M, creative services $2.0M, publishing $0.3M, media services $12K.","CEO cites internal AI investment as key differentiator; early progress noted."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":13963000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93735,"accession_number":"0001193125-26-208900","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Bright Mountain Media CFO departs; appoints Olgun as new CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ethan Rudin departed as CFO effective April 30, 2026; receives six months base salary severance.","CEO Matt Drinkwater will serve as interim principal financial and accounting officer until next 10-Q.","A. Olgun appointed CFO effective May 1, 2026; base salary $335,000, bonus up to 50% of base.","Olgun granted options for 1,000,000 shares at $0.004, vesting over four years.","Previous roles include CFO of Loop Media and strategic finance consultant at Eventbrite."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93734,"accession_number":"0001193125-26-158413","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-04-16T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Bright Mountain Media stock downgraded to OTCID after failing OTCQB bid-price rule","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective April 10, 2026, common stock moved from OTCQB to OTCID tier due to bid price below $0.01 for 30+ consecutive days.","Company had until April 9, 2026 to regain compliance by closing at $0.01 or above for ten straight trading days; deadline missed.","Ticker remains BMTM; OTCID is the lowest OTC Markets tier, limiting investor access and liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93733,"accession_number":"0001193125-26-143551","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-04-06T23:59:59+00:00","items":["2.03"],"status":"ready","headline":"Bright Mountain Media defers $1.2M loan payment, issues 2.9M shares as credit amendment consideration","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Twenty-Fifth Amendment defers $1.2M Second Out loan amortization to Dec 20, 2026.","Interest of ~$201K due March 31, 2026 paid in kind (PIK) rather than cash.","Issued 2,922,566 shares (1.5% pro forma) to Centre Lane Partners, raising its stake to 27.3%.","$1.6M due June 30, 2026; $92.1M due Dec 20, 2026 at credit agreement maturity.","Company must notify lenders of material changes to key vendor agreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93732,"accession_number":"0001193125-26-143654","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K/A","filed_at":"2026-04-06T23:59:59+00:00","items":["2.02","2.03"],"status":"ready","headline":"Bright Mountain Media defers $1.2M debt payment, issues shares to lender in credit amendment","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Twenty-Fifth Amendment defers $1.2M quarterly installment on Second Out Loans until Dec 20, 2026.","Interest payment of ~$201K for period ended March 31, 2026 payable-in-kind instead of cash.","Company issued 2,922,566 shares (1.5% pro forma) to Centre Lane Partners; they now own 27.3% of common stock.","Total debt due June 30, 2026: ~$1.6M; total due at maturity Dec 20, 2026: ~$92.1M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105601,"accession_number":"0001193125-26-128774","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Bright Mountain Media will not cure OTCQB bid-price deficiency; expects downgrade to OTCID tier April 10","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Received notice Dec 9, 2025; bid price below $0.01 for 30 consecutive days, failing OTCQB continued eligibility.","Cure period extended to April 9, 2026; management opts against reverse stock split or other actions.","Unless compliance by April 9, on April 10, 2026, common stock (BMTM) expected to trade on OTCID market tier.","Additional risk: if bid price falls below $0.001 for five consecutive days, immediate removal from OTCQB.","Management cites costs and low trading volume as reasons for not pursuing compliance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105600,"accession_number":"0001193125-26-121939","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media FY2025 revenue $59.2M (+4% YoY); net loss improves to $13.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY revenue $59.2M vs $56.7M in 2024; advertising technology division drove growth.","Net loss improved 21% to $13.5M; Adjusted EBITDA rose 278% to $3.0M.","Q4 revenue $15.7M, down 8% YoY from $17.1M; Q4 net loss $3.3M improved 13%.","Segment FY revenue: ad tech $21.7M, consumer insights $26.6M, creative $8.5M, digital pub $1.5M, media $1.0M.","G&A expense decreased 23% to $16.4M for FY; cost of revenue increased 8% to $43.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105599,"accession_number":"0001493152-26-000784","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2026-01-07T23:59:59+00:00","items":["2.03"],"status":"ready","headline":"Bright Mountain Media defers $600K payment, issues 2.87M shares to creditor","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Deferred $600K quarterly installment and interest on Second Out Loans from Dec 31, 2025 to Mar 31, 2026.","Issued 2,870,792 shares (1.5% pro forma fully-diluted) to Centre Lane Partners as consideration.","Centre Lane Partners now beneficially owns 26.4% of common stock.","Total debt: ~$2.2M due Mar 31, 2026 and ~$90.5M due at maturity Dec 20, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121885,"accession_number":"0001193125-25-272009","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media reports 9M revenue $43.5M, up 10%; net loss improves 23%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["9M 2025 revenue $43.5M vs $39.6M (+10%); net loss $10.1M vs $13.2M (23% improvement).","Q3 revenue $13.9M (down 1% vs $14.2M); net loss $2.8M vs $3.3M (13% improvement).","Adjusted EBITDA for 9M turned positive to $1.9M from -$1.3M (251% improvement).","Advertising technology revenue of $14.4M in 9M drove growth; CEO cites market headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":43538000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121884,"accession_number":"0001493152-25-017092","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["2.03"],"status":"ready","headline":"Bright Mountain Media amends credit agreement: defers payments, issues 2.83M shares to lenders","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["First Out Loans quarterly amortization for Sept 30 2025 reduced from $575K to $250K, with deferred balance due at maturity Dec 20, 2026.","Second Out Loans quarterly installment of ~$390K deferred in entirety to Dec 20, 2026.","Interest payment of ~$257K for Sept 30 2025 payable-in-kind instead of cash.","Company issued 2,832,485 shares of common stock (1.5% fully-diluted) to Centre Lane Partners as consideration, raising their ownership to ~25%.","Total outstanding under credit agreement ~$83.3M as of Oct 6, 2025, including ~$1.2M due Dec 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138572,"accession_number":"0001568385-25-000006","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q2 revenue up 18% to $15.4M, net loss narrows to $4.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2025 revenue $15.4M vs $13.0M YoY; six-month revenue $29.6M vs $25.5M YoY, +16%.","Net loss improved 22% to $4.1M in Q2; six-month net loss $7.3M vs $10.0M YoY.","Adjusted EBITDA loss narrowed to $218K from $920K in Q2; H1 adjusted EBITDA turned positive at $599K.","Growth driven by advertising technology division (Q2 rev ~$5.1M); digital publishing declined.","Consumer insights contributed $7.3M and creative services $1.7M in Q2 revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":29598000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156022,"accession_number":"0000950170-25-069171","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q1 revenue up 14% to $14.2M; adjusted EBITDA turns positive at $816K","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $14.2M (+14% YoY) driven by ad-tech division; gross margin $4.3M (+36% YoY).","Net loss narrowed 32% to $3.2M from $4.8M in Q1 2024.","Adjusted EBITDA improved to $816K vs -$1.1M in prior-year quarter.","Segment revenue: consumer insights $7.0M, ad tech $4.2M, creative services $1.5M, media services $841K, digital publishing $583K.","CEO cites operational leverage and premium publisher onboarding as growth drivers."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":14190000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156021,"accession_number":"0000950170-25-051145","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["2.03"],"status":"ready","headline":"Bright Mountain Media extends credit facility maturity to Dec 2026, amends rates and amortization","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended from April 20, 2026 to December 20, 2026 for First Out, Second Out, and Third Out Loans.","First Out cash interest rate changed to Term SOFR + 2%; Second Out cash rate 2% plus PIK at Term SOFR + 3%.","Third Out Loans PIK rate set at 15%; First Out amortization: $700k on Mar 31, 2025, then $575k quarterly.","Second Out amortization: quarterly 1% of principal in 2025, then 2% thereafter until maturity.","Outstanding principal on Centre Lane credit facility $79.7 million as of March 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174488,"accession_number":"0000950170-25-036158","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2025-03-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Q4 revenue $17.1M (+13%), net loss narrows; FY Adjusted EBITDA positive","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $17.1M (+13% YoY); gross margin $5.5M (+1%); net loss $3.8M vs $5.9M loss.","FY 2024 revenue $56.7M (+27%); full-year net loss $17.0M improved from $35.6M loss.","FY Adjusted EBITDA $790,000 vs loss $3.9M; no goodwill impairment in 2024 (vs $17M in 2023).","Segment breakdown: ad tech $18.4M, consumer insights $27.0M, creative $7.1M, media $2.4M, digital publishing $1.7M.","Drinkwater cites leverage from acquisitions and focus on integrated marketing services platform."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174487,"accession_number":"0001493152-25-000081","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2025-01-02T23:59:59+00:00","items":["2.03"],"status":"ready","headline":"Bright Mountain Media borrows $1.9M to bond $1.7M judgment; issues 5M shares to lender affiliate","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed approx. $1.9M under 21st Amendment to credit agreement to secure bond staying $1.7M Ladenburg judgment pending appeal.","Loan matures on earlier of litigation resolution or April 20, 2026; interest mix of cash (0-5%) and PIK (10-15%).","Issued 5,001,991 shares (2.5% fully-diluted) to lender affiliate; Centre Lane Partners now owns ~23.6% of common stock.","Loan is senior secured by all assets and capital stock of company and subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191445,"accession_number":"0001493152-24-046222","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-11-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Bright Mountain Media enters new CEO employment agreement with Matt Drinkwater effective Dec 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Three-year term with automatic one-year renewals; base salary $400,000 plus annual bonus up to $600,000 based on performance.","Grants options for 125,000 shares at $0.035/share, vesting over four years under the Stock Option Plan.","Non-compete for one year post-termination (if for cause) and non-solicitation for two years; severance of 100-150% of base salary for 12 months if terminated without cause.","Enhanced severance of 150% of base salary for 12 months if termination occurs within 3 months before or 1 year after a change in control.","Replaces previous employment agreement; effective December 1, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191444,"accession_number":"0000950170-24-125521","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Q3 net loss improves 84% to $3.3M; Adjusted EBITDA positive $804k","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue down 7% YoY to $14.2M; ad tech revenue $4.7M, consumer insights $6.8M.","Net loss $3.3M vs $19.8M in Q3 2023, an 84% improvement.","Adjusted EBITDA of $804k, up from $283k in prior year period.","Year-to-date revenue $39.6M, up 35% from $29.4M; net loss $13.2M vs $29.6M.","CEO cites focus on bottom-line, synergies from acquisitions, and innovative products."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":39602000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207922,"accession_number":"0001628280-24-037171","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q2 FY2024 revenue $13.0M, net loss narrows to $5.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2024 revenue $13.0M (+3% YoY); ad tech division drove growth with $3.6M revenue.","Net loss improved to $5.2M vs $6.1M in Q2 2023; Adjusted EBITDA loss narrowed to $0.9M from $1.9M.","H1 2024 revenue $25.5M (+80% YoY) reflecting full-period impact of Big Village acquisition.","Company amended credit facility with Centre Lane Partners, deferring payments to support growth.","Consumer insights segment contributed $6.7M Q2 revenue; digital publishing revenue declined."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":25450000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207921,"accession_number":"0001493152-24-026309","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-07-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Bright Mountain Media enters Twentieth Amendment, extends credit maturity and modifies interest terms","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity of Nineteenth Amendment Term Loan extended from June 30, 2024 to December 31, 2024.","Monthly principal+interest payments begin Sept 30, 2024; balance due Dec 31, 2024.","Last Out Loan amortization: $100k quarterly from Sept 30, 2024, then 2.5% of outstanding from Mar 31, 2025.","First Out Loans interest converted to 15% PIK from Apr 2024 to June 2025; optional extension with 2% PIK fee.","Amendment fee of 2% of principal on Seventeenth/Nineteenth Amendment Term Loans added as PIK to outstanding balance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225422,"accession_number":"0001493152-24-025441","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-06-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Bright Mountain Media Chairman W. Kip Speyer retiring June 30; Director Harry Schulman also resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Chairman W. Kip Speyer to retire from Board and Chairman role effective June 30, 2024; no disagreements.","Director Harry Schulman resigns from Board and as chair of compensation and audit committees, same date.","Both entered separation agreements including accelerated vesting of unvested stock options.","No replacements announced; Board size reduced by two."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225421,"accession_number":"0001628280-24-023293","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q1 revenue surges 731% to $12.4M; net loss widens to $4.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $12.4M, up 731% from $1.5M, driven by Big Village acquisition (consumer insights, creative, media services).","Gross margin $3.1M vs $528k (+494%); net loss $4.8M vs $3.8M (+26%).","Adjusted EBITDA loss improved to $1.2M from $2.1M loss in prior year.","Revenue breakdown: consumer insights $6.7M, ad tech $2.6M, creative services $2.1M, media services $641k, digital pub $434k.","CEO cites synergies from Big Village integration and AI-enabled marketing platform."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":12448000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225420,"accession_number":"0001628280-24-014136","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-04-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q4 rev +193% to $15.1M, but net loss widens to $5.9M; FY net loss $35.6M on $44.5M rev","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $15.1M (up 193% YoY); full-year revenue $44.5M (up 128% YoY), driven by Big Village acquisition.","Q4 net loss $5.9M (up 156% YoY); full-year net loss $35.6M (up 338% YoY), impacted by impairment charges.","Recorded $14.1M goodwill impairment and $2.9M intangible asset impairment for Ad Network and Owned & Operated units.","Adjusted EBITDA loss Q4 $616K (vs $694K YoY); full-year Adjusted EBITDA loss $3.9M (vs $2.5M YoY).","CEO cites transformative year with Big Village and Deep Focus; focus on profitable growth and smart M&A."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":12448000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":244607,"accession_number":"0001493152-24-003652","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2024-01-24T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Pamela Parizek resigns over board dispute on lender matter; board vote 4-1","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Pamela J. Parizek resigned as director and audit committee chair effective Jan. 18, 2024.","Resignation stems from disagreement with board on handling a matter with the company's lender.","Board voted 4-1 for a course of action recommended by outside SEC counsel; Parizek dissented.","Resignation letter filed as Exhibit 17.1 to this 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262044,"accession_number":"0001628280-23-038876","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q3 revenue up 192% to $15.3M, net loss widens to $19.8M on $16.3M goodwill impairment","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $15.3M, +192% YoY on Big Village acquisition; ad-tech $3.6M, digital pub $1.0M, creative insights $8.0M, services $2.6M.","Net loss $19.8M vs $2.2M loss, includes $16.3M goodwill impairment; Adjusted EBITDA profit $283K vs loss $373K.","Nine-month revenue $29.4M (+104%), net loss $29.6M, Adjusted EBITDA loss $3.6M vs $1.8M.","Gross margin $3.4M (+57%) despite cost of revenue $11.9M; G&A $4.1M up 24%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":29403000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262043,"accession_number":"0001493152-23-037595","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-10-18T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Bright Mountain Media appoints Ethan Rudin as CFO, replacing Miriam Martinez","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ethan Rudin named CFO effective Oct 18, 2023; base salary $325K, bonus up to 25%.","Granted options to purchase 325K shares at $0.09/share, vesting over four years.","Miriam Martinez transitions to principal financial officer for 60 days, then leave of absence.","Mr. Rudin has prior CFO roles at Boundless Network, BuildDirect, Greenlane, and Napster.","Severance of six months' base salary if terminated without cause; one-year non-compete."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279247,"accession_number":"0001493152-23-029336","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-08-17T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Bright Mountain Media appoints Jeff Hirsch as director; amends warrants on 15.3M shares to $0.40, extends term","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Appointed Jeff Hirsch, former PubMatic CCO, as independent director effective Aug 15, 2023.","Board amended director compensation: quarterly cash $10,000 director, $5,000 committee chair; 100,000 shares/yr pro-rata.","Board approved amending warrants held by Spartan Capital affiliates for ~15.3M shares; exercise price reduced from $0.65-$0.75 to $0.40.","Warrant term extended to June 30, 2025 or December 31, 2025; company to file Form S-1 for resale registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279246,"accession_number":"0001628280-23-029389","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q2 revenue up 121% to $12.6M; net loss widens to $6.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $12.6M for Q2 2023, up 121% from $5.7M in Q2 2022, driven by Big Village acquisition.","Net loss of $6.1M compared to $1.5M loss in prior year; adjusted EBITDA loss of $1.9M vs $39K positive.","Advertising technology revenue $11.2M; digital publishing contributed $1.4M in Q2 2023.","General and administrative expense rose 114% to $7.4M, primarily from Big Village acquisition costs.","Big Village acquisition closed April 20, 2023; management expects cross-selling opportunities."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":14114000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279245,"accession_number":"0001493152-23-026661","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Bright Mountain Media secures additional $2.0M term loan, maturing June 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Nineteenth Amendment provides $2,000,000 additional term loan facility; maturity June 30, 2024.","Total lender commitments post-amendment: ~$21.9M (CL Partners II), ~$1.85M (II-A), ~$4.35M (II-B), ~$26.3M (BV Agency).","Eighteenth Amendment (June 30, 2023) restructured an installment payment into three monthly installments (Jul, Aug, Sep 2023).","Loan is senior secured with Centre Lane Partners as administrative agent and collateral agent.","Earlier amendments (1st-17th) have been fully drawn and reduced to $0; total commitments now approx. $54.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279244,"accession_number":"0001493152-23-024395","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-07-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Bright Mountain Media files slide presentation; no specifics disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Slide presentation released for future investor meetings; no financial or strategic details provided.","No earnings, M&A, or other material events were announced in conjunction with this filing.","Presentation content is not summarized; investors should refer to the exhibit for any updates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279243,"accession_number":"0001493152-23-024089","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-07-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"CEO update: Big Village acquisition adds ~$50M revenue, $72M assets to Bright Mountain","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Big Village's Insights and Agency divisions in April 2023; adds ~$50M annualized revenue vs. $19.6M in 2022.","Pro forma combined assets over $72M as of March 31, 2023.","Big Village is a licensed and accredited market research firm; enhances data insights and creative media capabilities.","CEO cites privacy regulation shift as opportunity; global digital ad spending forecast $626.9B in 2023, growing 10% annually.","Company positions as a complete media solutions provider with publishing, creative, data, and technology."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":279242,"accession_number":"0001628280-23-024436","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K/A","filed_at":"2023-07-06T23:59:59+00:00","items":["9.01","1.01","2.01","2.03","3.02"],"status":"ready","headline":"Bright Mountain Media completes $20M acquisition of Big Village assets; issues 21.4M shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Big Village Agency and Insights for $20M cash plus assumed liabilities on April 20, 2023.","Entered $26.3M term loan amendment with Centre Lane to finance the acquisition, maturing April 2026.","Issued 21.4M shares to Centre Lane affiliate; post-transaction ownership of 12.4% and 8.8% by two entities.","Acquired entities had 2022 revenue of $56.4M and net income of $3.1M; sellers filed Chapter 11 in Feb 2023 with liquidation plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297600,"accession_number":"0001493152-23-020421","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-06-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Gretchen Tibbits Resigns from Bright Mountain Media Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gretchen Tibbits resigned as a director of Bright Mountain Media, Inc., effective June 1, 2023.","Ms. Tibbits stated she had no disagreement with the company upon her resignation.","Bright Mountain Media common stock trades on OTCMKTS under the symbol BMTM."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297599,"accession_number":"0001493152-23-018919","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-05-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Bright Mountain Media boosts CEO salary to $400,000, effective June 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Matthew Drinkwater's base salary increased from $250,000 to $400,000.","Increase approved by Compensation Committee on May 18, 2023.","Raise takes effect June 1, 2023, a 60% increase."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297598,"accession_number":"0001628280-23-017702","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q1 revenue down 57% to $1.5M; net loss widens to $3.8M; Big Village acquisition adds $50M revenue","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $1.5M, down 57% YoY from $3.5M; gross margin $528K, down 70%.","Net loss $3.8M compared to $2.1M loss in Q1 2022 (increase of 79%).","Adjusted EBITDA loss $2.1M vs $1.6M loss in prior-year period.","Acquisition of Big Village Insights & Agency divisions expected to add ~$50M annualized revenue and be accretive to adjusted EBITDA.","CEO Drinkwater cites transformation; integration of Big Village's proprietary data underway."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":1498000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297594,"accession_number":"0001493152-23-014730","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K/A","filed_at":"2023-04-28T23:59:59+00:00","items":["1.01","2.01","2.03","3.02","9.01"],"status":"ready","headline":"Bright Mountain Media completes acquisition of Big Village businesses for $20M cash plus liabilities","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Agency and Insights businesses from Big Village entities for approximately $20M in cash plus assumed liabilities.","Secured an additional $26.3M term loan under existing credit agreement, maturing April 20, 2026, to finance the deal.","Issued 21,401,993 unregistered shares of common stock to BV Agency, LLC, an entity beneficially owned by the lender.","Financial statements and pro forma information for the acquired businesses to be filed by amendment within 71 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297597,"accession_number":"0001493152-23-013707","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-04-26T23:59:59+00:00","items":["1.01","2.01","2.03","9.01"],"status":"ready","headline":"Bright Mountain Media closes $20M all-cash acquisition of Big Village assets, adds $26.3M term loan","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Completed purchase of Big Village's Agency and Insights businesses for approx. $20M cash plus assumed liabilities on April 20, 2023.","Executed Seventeenth Amendment to credit agreement, adding $26,315,789.47 term loan due April 20, 2026, to fund the acquisition.","New subsidiaries Big-Village Agency LLC and BV Insights LLC formed and added as guarantors under the credit agreement.","Company will file required financial statements and pro forma information within 71 days of the 8-K filing date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297596,"accession_number":"0001493152-23-013126","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-04-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Bright Mountain Media acquires Big Village Insights & Agency for ~$20M, expects $50M added revenue","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of approximately $20 million in cash, plus assumed liabilities, funded by senior secured credit facility.","Acquired assets expected to add ~$50 million in annualized revenue and be immediately accretive to 2023 Adjusted EBITDA.","Acquisition includes Big Village's Insights and Agency divisions; expands Bright Mountain's data-driven insight capabilities.","CEO Matt Drinkwater states deal aligns with long-term growth strategy and provides full spectrum of marketing services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":297595,"accession_number":"0001493152-23-012167","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-04-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Bright Mountain Media acquires Big Village Agency & Insights assets for $19.9M in bankruptcy sale","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Winning bidder in Chapter 11 auction; purchase price $19.874M plus assumed liabilities.","Financing commitment from Centre Lane Solutions Partners for up to $26.3M senior secured term loan.","Centre Lane to receive 10% of fully diluted equity of Bright Mountain as part of financing.","Bankruptcy court approved sale on April 10, 2023; closing subject to conditions.","Transaction includes Agency Business (brand strategy, creative, media) and Insights Business."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":317885,"accession_number":"0001628280-23-009626","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-03-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bright Mountain Media Q4 revenue up 20% to $5.2M; full-year net loss improves 32% to $8.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $5.2M (+20% YoY); net loss $2.3M (improved 20% from $2.9M loss in Q4 2021).","Full-year 2022 revenue $19.6M (+51% YoY); net loss $8.1M (improved 32% from $12.0M loss in 2021).","Full-year G&A expenses decreased 23% to $14.2M from $18.5M in 2021.","Adjusted EBITDA loss improved to $2.5M from $7.7M loss in 2021.","CEO expects challenging H1 2023 but remains confident in model and new products."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":317884,"accession_number":"0001493152-23-006802","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-03-06T23:59:59+00:00","items":["4.02"],"status":"ready","headline":"Bright Mountain Media restates Q2 and Q3 2022 financials due to interest understatement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determines unaudited Q2 and Q3 2022 financials should no longer be relied upon due to material errors.","Interest payable understated by ~$270k (June 30, 2022) and ~$582k (Sept 30, 2022); interest expense similarly understated.","Restatement relates to accounting for Amendments 8-15 of Credit Facility with Centre Lane Partners.","Company will restate in 2022 10-K and will disclose a material weakness in internal controls over financial reporting.","Corrective measures implemented: internal interest calculations, quarterly statements from Centre Lane, monthly journal entry review, monthly reconciliations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":317883,"accession_number":"0001493152-23-005280","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2023-02-16T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Bright Mountain Media obtains $1.5M additional term loan; 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CDC reports Black women 3x more likely to die from pregnancy-related causes.","Provides resources, tips via smart speaker series on Apple, Spotify, Google.","Part of Wild Sky Media, Bright Mountain's publishing division; no financial terms disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":336152,"accession_number":"0001493152-22-035875","cik":1568385,"company_name":"Bright Mountain Media, Inc.","ticker":"BMTM","form_type":"8-K","filed_at":"2022-12-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Bright Mountain Media appoints Jonathan Slavin as Chief Revenue Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bright Mountain Media appointed Jonathan Slavin as Chief Revenue Officer on December 19, 2022.","Todd Speyer transitions to SVP of Revenue Operations; 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one-on-one meetings with institutional investors.","Bright Mountain is an end-to-end digital media and advertising services platform (OTCQB: BMTM).","No financial figures or material updates disclosed in the press release."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":740000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-10-24T23:59:59+00:00|336150"}