{"schema_version":"secwatch.filing_event.v1","accession":"0000709283-25-000002","form_type":"8-K","ticker":"QMCO","cik":"0000709283","company_name":"QUANTUM CORP /DE/","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.139146+00:00","generated_at":"2026-05-26T23:06:50.044630+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quantum Q3 FY25: Revenue $72.6M, Adj EBITDA $4.7M; Debt-Reduction Equity Facility","bullets":["Revenue $72.6M (+1% YoY), GAAP gross margin 43.8% vs 40.6% YoY; subscription ARR up 29% to $21.3M.","GAAP net loss $71.4M ($14.56/share) includes $61.6M non-cash warrant adjustment; adjusted net loss $4.0M ($0.81/share).","Adjusted EBITDA $4.7M, a $5M sequential improvement from Q2 and positive for first time in several quarters.","Debt: term loan $105.9M, revolver $37.5M; entered standby equity purchase agreement with Yorkville for up to ~1.15M shares to reduce debt.","Q4 FY25 guidance: revenue $66M ±$2M, adjusted EBITDA ~$1.7M, non-GAAP loss per share ($1.16) ±$0.05."],"urls":{"canonical":"https://secwatch.observer/filing/0000709283-25-000002","json":"https://secwatch.observer/filing/0000709283-25-000002.json","markdown":"https://secwatch.observer/filing/0000709283-25-000002.md","text":"https://secwatch.observer/filing/0000709283-25-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/709283/000070928325000002/0000709283-25-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/709283/000070928325000002/qtm-20250212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T23:06:50.044630+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"}