{"schema_version":"secwatch.filing_event.v1","accession":"0000708821-24-000055","form_type":"8-K","ticker":"PAR","cik":"0000708821","company_name":"PAR TECHNOLOGY CORP","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.731344+00:00","generated_at":"2026-06-02T07:32:26.993664+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PAR Tech Q1 ARR up 60% to $185.7M; revenue rises 5%; net loss widens to $0.62/share","bullets":["ARR grew 60.2% total, 24.8% organic to $185.7M; subscription revenue up 37% YoY.","Revenue $105.5M (+5% YoY); net loss $18.3M ($0.62 loss per share) vs $15.9M loss prior year.","Adjusted EBITDA loss improved to $7.2M from $8.8M; adjusted net loss $10.8M ($0.36 per share).","Closed Stuzo acquisition (C-stores digital engagement) adding $41M ARR; signed TASK deal (unified commerce) expected close Q3 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000708821-24-000055","json":"https://secwatch.observer/filing/0000708821-24-000055.json","markdown":"https://secwatch.observer/filing/0000708821-24-000055.md","text":"https://secwatch.observer/filing/0000708821-24-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/708821/000070882124000055/0000708821-24-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/708821/000070882124000055/par-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:32:26.993664+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6ffee3d9b76cbb48f78b9c3123dba97d5b19a86d","claim":"PAR TECHNOLOGY CORP reported first quarter ended March 31, 2024 results: revenue Revenues were reported at $105.5 million for the three months ended March 31, 2024, net income Net loss for the three months ended March 31, 2024 was $18.3 million, EPS $0.62 net loss per share.","evidence_excerpt":"Summary of Fiscal 2024 First Quarter • Revenues were reported at $105.5 million for the three months ended March 31, 2024, a 5.0% increase compared to $100.4 million for the same period in 2023. • Net loss for the three months ended March 31, 2024 was $18.3 million, or $0.62 net loss per share, compared to a net loss of $15.9 million, or $0.58 net loss per share reported for the same period in 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/708821/000070882124000055/0000708821-24-000055-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"Revenues were reported at $105.5 million for the three months ended March 31, 2024"},{"label":"Net income","value":"Net loss for the three months ended March 31, 2024 was $18.3 million"},{"label":"EPS","value":"$0.62 net loss per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}