{"schema_version":"secwatch.filing_event.v1","accession":"0000709283-24-000035","form_type":"8-K","ticker":"QMCO","cik":"0000709283","company_name":"QUANTUM CORP /DE/","filed_at":"2024-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.847455+00:00","generated_at":"2026-05-30T01:23:46.055547+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Quantum Corporation reports fiscal Q2 2025 revenue of $70.5M, net loss of $13.5M","bullets":["Revenue fell 6.9% YoY to $70.5M; GAAP net loss widened to $13.5M from $3.3M in prior-year quarter.","Subscription ARR grew 28% YoY to $19.6M; adjusted EBITDA was nearly breakeven at -$0.3M.","CEO cited supply chain headwinds leading to higher backlog, but gross margin improved 490 bps sequentially to 41.5%.","Debt increased: total term loan $104.7M, revolving credit $28.3M; cash and restricted cash fell to $17.0M.","Guides fiscal Q3 revenue ~$72M and adjusted EBITDA ~$2M, with non-GAAP net loss per share of ($0.75)."],"urls":{"canonical":"https://secwatch.observer/filing/0000709283-24-000035","json":"https://secwatch.observer/filing/0000709283-24-000035.json","markdown":"https://secwatch.observer/filing/0000709283-24-000035.md","text":"https://secwatch.observer/filing/0000709283-24-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/709283/000070928324000035/0000709283-24-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/709283/000070928324000035/qtm-20241113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T01:23:46.055547+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}