{"filings":[{"id":833958,"accession_number":"0001493152-26-027060","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-06-03T20:15:19+00:00","items":["5.07"],"status":"ready","headline":"Snail stockholders approve reverse stock split at ratio of 1-for-2 to 1-for-10","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Majority stockholders holding 95% voting power executed written consent approving reverse stock split amendment.","Reverse stock split ratio range is 1-for-2 to 1-for-10; Board will determine exact ratio.","Board may abandon the amendment at its discretion.","Implementation cannot occur earlier than 20 days after mailing definitive information statement to stockholders."],"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":35845102.916122004,"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":748316,"accession_number":"0001493152-26-026405","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K/A","filed_at":"2026-05-29T20:51:19+00:00","items":["5.07"],"status":"ready","headline":"Snail files 8-K/A to correct date errors; annual meeting results unchanged","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment fixes typographical errors in dates from the original May 28, 2026 8-K.","Shareholders elected all 8 director nominees: Hai Shi, Jim Tsai, Heidy Chow, Peter Kang, Ying Zhou, Neil Foster, Sandra Pundmann, Ryan Jamieson.","Ratification of BDO USA as auditor for FY 2026 passed with 291,440,661 votes for, 204,581 against, 65,149 abstain.","Quorum of 291,710,391 votes (96.8% of total voting power) present at May 27, 2026 Annual Meeting."],"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":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":35845102.916122004,"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":722206,"accession_number":"0001493152-26-025617","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-05-28T20:15:28+00:00","items":["5.07"],"status":"ready","headline":"Snail, Inc. reports 2026 annual meeting results; all directors elected, auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders elected eight director nominees: Hai Shi, Jim Tsai, Heidy Chow, Peter Kang, Ying Zhou, Neil Foster, Sandra Pundmann, Ryan Jamieson.","Each director received over 287.9 million votes, with broker non-votes of 3.6 million.","Ratification of BDO USA, P.C. as independent auditor for FY 2026 passed with 291.4 million votes for, 204,581 against, 65,149 abstentions.","Quorum of 96.8% of total voting power (291.7 million votes) was present at the meeting."],"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":35845102.916122004,"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":696316,"accession_number":"0001493152-26-025419","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-05-27T20:25:45+00:00","items":["8.01"],"status":"ready","headline":"Snail receives Nasdaq extension to Sept 22, 2026 to regain listing compliance","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified Snail on Mar 26, 2026 of non-compliance with minimum $500K net income requirement and alternative standards.","Compliance plan submitted May 11, 2026; Nasdaq accepted on May 20, 2026 with extension to Sept 22, 2026.","If compliance not evidenced by Sept 30, 2026 quarterly filing, Class A common stock subject to delisting.","Snail may pursue equity financing or debt conversion to regain compliance, but no assurance of success."],"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":35845102.916122004,"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":563125,"accession_number":"0001493152-26-024701","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-05-21T01:29:39+00:00","items":["8.01","9.01"],"status":"ready","headline":"Snail Inc. expands ATM equity facility by $3.66M; prior $4.37M sold","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed Amendment No. 1 to ATM prospectus increasing available capacity by $3.66M of Class A common stock.","Prior to amendment, $4,367,863 in shares had been sold under the existing ATM program.","H.C. Wainwright & Co. remains sales agent; company has no obligation to issue shares.","Expanded facility aims to enhance financial flexibility for capital access as needed."],"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":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":35845102.916122004,"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":68014,"accession_number":"0001493152-26-022711","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-05-13T20:05:19+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail Q1 revenue $27.3M (+35.7% YoY); net income $2.1M vs loss of $1.9M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $27.3M (+35.7% YoY); net income $2.1M vs net loss of $1.9M YoY.","Total units sold 2.2M (+42.6% YoY); EBITDA $2.4M vs $(3.2)M YoY.","Unrestricted cash $14.3M at Mar 31, 2026, up from $8.6M at Dec 31, 2025.","Deferred revenue backlog ~$11M expected to be recognized upon release of Genesis Part 1 in June 2026.","ASA units sold 1.4M in Q1; ARK Mobile 11.9M total downloads; Bellwright over 1M downloads."],"consensus_eps_estimate":-0.2142,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":27294654.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":35845102.916122004,"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":96549,"accession_number":"0001493152-26-015971","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-04-10T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Snail amends ARK license reducing monthly fee to $1.5M; enters $1.966M development deal for Project Aether","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Monthly license fee cut from $2M to $1.5M effective April 1, 2026, saving $6M per year until ARK 2 release.","DLC payment clarified: $5M per canonical map DLC, excluding original five ASA DLCs and mini-packs.","New $1.966M outsourcing deal with Suzhou Snail for Project Aether tech development; paid in four quarterly installments of $491,500.","Both counterparties are entities controlled by CEO Hai Shi and director Ying Zhou (related parties)."],"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":35845102.916122004,"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":110554,"accession_number":"0001493152-26-014209","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-03-31T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Snail receives Nasdaq deficiency notice for failure to meet continued listing standards","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq letter cites failure to meet $500K net income requirement; net loss in 2023 and 2025.","Also failed alternative standards: market value of listed securities <$35M and stockholders' equity <$2.5M.","Company has 45 days (by May 11, 2026) to submit a compliance plan; no immediate delisting impact.","Considering equity/debt financing or similar transactions to regain 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":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":35845102.916122004,"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":110553,"accession_number":"0001493152-26-011614","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-03-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail Q4 net loss $0.9M; FY2025 net loss $27.2M on $81.2M revenue","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $25.1M (-4% YoY); net loss $0.9M vs. net income $1.1M in Q4 2024.","FY2025 revenue $81.2M (-4% YoY); net loss $27.2M vs. net income $1.8M, weighed by $10.1M deferred tax valuation allowance.","Full-year bookings rose 16% to $87.8M; unrestricted cash $8.6M at Dec 31, 2025.","ARK Survival Ascended surpassed 4M units; roadmap includes ARK World Creator (May 2026) and Genesis Part 1 remake.","Bellwright exceeded 1M Steam downloads; Q4 unit sales 166,000 and Maiden Voyage update drove peak concurrent users."],"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":35845102.916122004,"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":110552,"accession_number":"0001493152-26-000108","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2026-01-02T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Snail receives Nasdaq delisting notice for failure to meet minimum bid price","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Closing bid price was below $1.00 for 30 consecutive business days from Nov 11 to Dec 29, 2025.","Company has 180 calendar days, until June 29, 2026, to regain compliance.","Compliance can be achieved by maintaining $1.00 or higher for at least 10 consecutive business days.","If not compliant by June 29, 2026, company may request 180-day extension subject to conditions.","Company is considering options including a reverse stock split to cure the deficiency."],"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":35845102.916122004,"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":127167,"accession_number":"0001493152-25-025969","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-12-03T23:59:59+00:00","items":["2.03","1.01","3.02","9.01"],"status":"ready","headline":"Snail, Inc. enters $1.1M convertible promissory note offering with Monroe Street Capital","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued a $1,100,000 convertible promissory note to Monroe Street Capital Partners at $1,000,000 purchase price (10% OID).","Note matures 12 months from November 26, 2025; interest at 5% on principal, default interest at 10% per annum.","Conversion price set at $5.00 per share of Class A common stock, with a variable price for $288,750 of the principal.","Company received stockholder approval under Nasdaq Listing Rule 5635(d) for issuance exceeding 20% of outstanding common stock.","Registration rights agreement requires filing of resale registration statement within 90 days and effectiveness within 120 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":35845102.916122004,"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":127166,"accession_number":"0001493152-25-021904","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail Q3 revenue $13.8M down 39% YoY; net loss $7.9M; bookings up 9.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $7.9M vs net income $0.2M in Q3 2024; EBITDA was $(9.7)M.","Net revenues $13.8M down 39% YoY; deferred revenue rose to $36.4M, with $5.8M expected in Q4 from ARK Lost Colony launch.","Bookings grew 9.3% to $17.6M YoY, driven by ARK promotions and pre-sales.","ARK franchise: ASE units 576k, ASA 499k units in Q3; total ARK sales up $2.2M YoY.","Stablecoin infrastructure development and multi-state regulatory licensing progressing."],"consensus_eps_estimate":-0.051,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":56116149.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":35845102.916122004,"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":127165,"accession_number":"0001493152-25-020124","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Snail Inc. enters $2.2M convertible note financing with 10% OID, $5 conversion price","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $2.2M convertible note (principal) to Crom Fund for $2M purchase price, reflecting 10% OID.","Note matures in 12 months with a one-time 5% interest charge on principal, senior unsecured.","Conversion price $5.00/share, but up to $577,500 converts at lower of $5 or 92% of prior 5-day VWAP.","Company filed registration rights agreement for resale of conversion shares within 90 days.","Stockholder approval obtained per Nasdaq Listing Rule 5635(d) for issuance exceeding 20% of outstanding."],"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":35845102.916122004,"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":127164,"accession_number":"0001493152-25-017889","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Snail raises base salaries for CEO, CFO, and SVP effective Oct 6, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Hai Shi base salary increased to $440,000 per year.","CFO Heidy Chow base salary increased to $418,000 per year.","SVP Peter Kang base salary increased to $330,000 per year.","Amendments to offer letters/employment agreement dated October 10, 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":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":35845102.916122004,"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":127163,"accession_number":"0001493152-25-016570","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Snail Inc. transitions to sole CEO Hai Shi as Co-CEO Tian's term expires","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Xuedong (Tony) Tian's Co-CEO term ended September 30, 2025 by mutual agreement.","Hai Shi, previously Co-CEO, appointed sole CEO effective October 1, 2025.","Shi continues as Founder, Chairman, and Chief Strategy Officer.","No changes to compensation arrangements disclosed; Tian's offer letter simply not renewed."],"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":35845102.916122004,"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":143957,"accession_number":"0001641172-25-024808","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail posts Q2 net loss of $16.6M; revenue up to $22.2M; launches stablecoin initiative","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $16.6M vs net income $2.3M YoY; revenue $22.2M (+2.8% YoY).","Bookings $27.1M (+18.5% YoY); EBITDA loss $2.4M vs $3.1M income.","ARK franchise: ASE units 1.2M, ASA units 807k; ARK Mobile 6.9M total downloads.","Announced proprietary stablecoin initiative; formed Snail Coins LLC; ATM offering for reserve backing.","Signed MoU with Mega Matrix Inc. for short drama co-production and distribution."],"consensus_eps_estimate":-0.0102,"consensus_eps_actual":-0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":42296622.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":35845102.916122004,"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":143956,"accession_number":"0001641172-25-022508","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Snail Inc. files $4.5M ATM offering; explores proprietary stablecoin initiative","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ATM offering up to $4.5M of Class A common stock (SNAL) via H.C. Wainwright; 3% commission.","Proceeds primarily for digital asset initiative: exploration of proprietary U.S. dollar-backed stablecoin.","Stablecoin initiative is exploratory, subject to regulatory approvals, market conditions, and technical feasibility.","Implementation may require additional capital and licensing; risks include regulatory uncertainty and compliance costs."],"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":35845102.916122004,"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":162236,"accession_number":"0001641172-25-016476","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-06-25T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Snail grants 337,774 RSUs to three non-employee directors; shareholders re-elect board","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["On June 20, 2025, Snail granted 337,774 RSUs to independent directors for past and future service.","Neil Foster and Sandra Pundmann each received 133,332 RSUs; Ryan Jamieson received 71,110 RSUs.","RSUs vest immediately for prior-year service (2023, 2024) and quarterly over one year for 2025 service.","At June 19 annual meeting, shareholders elected all eight directors and ratified BDO USA as auditor for FY2025."],"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":35845102.916122004,"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":162235,"accession_number":"0001641172-25-010393","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail Q1 revenue up 42.5% to $20.1M; net loss widens slightly to $1.9M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $20.1M vs $14.1M YoY; net loss $(1.9)M vs $(1.8)M.","Bookings rose 13.6% to $22.2M; EBITDA was $(3.2)M.","ARK franchise DAUs up ~16% to 243K on Steam/Epic; ASE sold ~690,775 units, ASA sold ~751,960 units.","ARK Mobile surpassed 4.8M downloads since launch; average DAUs 143,976.","Signed MoU with Mega Matrix for co-development of at least 10 short dramas."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":20110872.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":35845102.916122004,"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":180253,"accession_number":"0001641172-25-000793","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-03-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail FY2024 revenue $84.5M (+39%), net income $1.8M; Q4 net income down to $1.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2024 revenue $84.5M, up 38.7% YoY; net income $1.8M vs loss $9.1M in 2023.","Q4 revenue $26.2M (down 8.5% YoY); Q4 net income $1.1M vs $2.4M in Q4 2023.","ARK: Survival Ascended sold 3.4M units since Oct 2023 launch; 94k avg DAUs.","Cash dropped to $7.3M from $15.2M at Dec 31, 2023; bookings fell to $17M in Q4.","Acquired 11 games in 2024, plan to release 9 in 2025; soft launched short film app SaltyTV."],"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":35845102.916122004,"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":180252,"accession_number":"0001493152-25-008202","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2025-02-25T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Snail raises $3.3M in convertible notes (10% OID); conversion at $5/share with variable pricing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued two convertible notes totaling $3.3M principal (10% OID) to accredited investors on Feb 21, 2025.","Conversion price primarily $5.00/share; on $866,250 portion, price is lower of $5.00 or 92% of lowest 5-day VWAP.","Maturity 12 months; one-time 5% interest charge; default penalty of 120% of outstanding plus accrued interest.","Reserves at least 2,293,940 shares for conversion; stockholder approval obtained for issuance exceeding 20%.","Registration rights require filing S-1/S-3 within 90 days, effective within 120 days."],"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":35845102.916122004,"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":197051,"accession_number":"0001493152-24-045108","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail reports Q3 revenue $22.5M (+151% YoY); net income $0.2M vs loss $4.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $22.5M, up 150.9% YoY; net income $0.2M vs net loss $4.4M in Q3 2023.","Bookings $16.1M (+53.6% YoY); EBITDA $0.5M vs loss $5.1M a year ago.","Unrestricted cash $10.6M; repaid $3M revolver, $2.3M notes, and $0.8M convertible debt since Dec 2023.","Sold 0.4M units of ARK: Survival Ascended in Q3; combined ARK DAU avg 210k on Steam/Epic.","Acquired publishing rights for Honeycomb: The World Beyond and four indie games via Wandering Wizard."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":58252751.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":35845102.916122004,"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":197050,"accession_number":"0001493152-24-041764","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-10-21T23:59:59+00:00","items":["3.01","8.01","9.01"],"status":"ready","headline":"Snail, Inc. regains Nasdaq minimum bid price compliance","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq notice on Oct 18 that closing bid price was $1.00+ for 10 consecutive days (Oct 4-17).","Regained compliance with Nasdaq Listing Rule 5550(a)(2); delisting matter closed.","Previously disclosed non-compliance in June 2024; compliance period had been extended to Dec 24, 2024."],"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":35845102.916122004,"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":213319,"accession_number":"0001493152-24-036851","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-09-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Snail Inc COO Peter Kang transitions to VP, Business Development and Operations","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Peter Kang ceases as COO effective September 16, 2024; appointed VP, Director of Business Development and Operations.","Kang will continue to serve on Snail's Board of Directors.","Change determined by management on September 13, 2024."],"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":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":35845102.916122004,"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":213318,"accession_number":"0001493152-24-031603","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail reports Q2 revenue $21.6M, net income $2.3M vs loss a year ago","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $21.6M, up 118% from $9.9M YoY, driven by ARK: Survival Ascended sales.","Net income $2.3M compared to net loss of $4.1M in Q2 2023; EBITDA $3.1M vs loss $4.8M.","Bookings of $22.9M, more than double prior year's $9.3M, boosted by new releases and DLCs.","ARK: Survival Ascended sold ~2.5M units since launch; averaged 108,515 DAUs in Q2.","Unrestricted cash $15.5M as of June 30, 2024; company launched Bellwright and Bob's Tall Tales."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":35722379.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":35845102.916122004,"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":232507,"accession_number":"0001493152-24-025604","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-06-28T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Snail receives Nasdaq bid price deficiency notice; 180 days to cure","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq deficiency letter dated June 27, 2024 for bid price below $1.00 for 30 consecutive business days.","Compliance period ends December 24, 2024; stock must close at $1.00+ for 10 consecutive days.","If not cured, Company may be eligible for second 180-day period if other listing standards are met.","Company will monitor bid price and consider available options, including reverse stock split."],"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":35845102.916122004,"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":232506,"accession_number":"0001493152-24-025035","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-06-25T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Snail Inc. stockholders elect all eight director nominees and ratify BDO as auditor at 2024 meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees elected with over 287 million votes for each; broker non-votes of 5,550,816.","Ratification of BDO USA, P.C. as auditor for FY 2024 passed with 293,102,891 for, 25,237 against, 12,141 abstain.","Quorum of 34,403,049 shares (93.59% of outstanding) represented at the meeting.","No other proposals were presented for stockholder approval."],"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":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":35845102.916122004,"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":232505,"accession_number":"0001493152-24-019909","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Snail Q1 net revenue $14.1M (+4% YoY); net loss narrows to $1.8M from $3.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $14.1M vs $13.5M YoY; net loss $1.8M improved from $3.0M loss.","Bookings $19.6M, up 47% from $13.3M, driven by ARK: Survival Ascended.","ARK: Survival Ascended sold ~2M units since Oct 2023 launch; 121K avg DAUs in Q1.","Unrestricted cash $16.1M as of Mar 31, 2024.","EBITDA loss $1.9M vs $3.4M in prior year period."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":14115729.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":35845102.916122004,"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":232504,"accession_number":"0001493152-24-015242","cik":1886894,"company_name":"Snail, Inc.","ticker":"SNAL","form_type":"8-K","filed_at":"2024-04-19T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Snail CEO Jim Tsai resigns; Hai Shi and Tony Tian appointed Co-CEOs effective April 15, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jim Tsai resigned as CEO and from board committees on April 15, 2024, but remains on board and will assist transition through May 15.","Hai Shi (founder, Chairman, CSO) and Xuedong (Tony) Tian appointed Co-CEOs; Tian will receive $300,000 base salary plus performance bonuses in stock and cash.","Tian's bonus includes stock awards tied to stock price milestones: [*****] shares at $[*****] and [*****] shares at $[*****] or greater; also up to [*****]% of capital raised.","Heidy Chow appointed Chair of Nominating and Corporate Governance Committee and member of Compensation Committee, replacing Tsai."],"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":35845102.916122004,"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":null}