---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-023363"
form_type: "8-K"
ticker: "MSPR"
cik: "0001802450"
company_name: "MSP Recovery, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:47:37.395504+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MSP Recovery Q3 revenue $8.3M (+234% YoY); net loss $0.01/sh; debt extinguishment gain $63.4M

## Summary
- Revenue $8.3M, up 234% YoY; operating loss $78.9M (adjusted loss $12.5M excluding $66.3M non-cash amortization).
- Net loss $26.1M ($0.01/share); adjusted net loss $12.8M; cash $14.3M as of Sept 30, 2022.
- Recorded $63.4M gain on debt extinguishment after reducing Brickell Key obligation from $143M to $80M.
- Paid value of recoverable claims grew to $89.2B; acquired $48.2M in recovery rights during Q3.
- Signed $7.5M LifeWallet licensing deal; launched LifeWallet Legal Referral Service.

## SEC filing metadata
- accession: 0000950170-22-023363
- form_type: 8-K
- ticker: MSPR
- cik: 0001802450
- company_name: MSP Recovery, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802450/000095017022023363/0000950170-22-023363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802450/000095017022023363/mspr-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-023363
- JSON: https://secwatch.observer/filing/0000950170-22-023363.json
- Plain text: https://secwatch.observer/filing/0000950170-22-023363.txt

## Key facts
- Earnings Releases
  MSP Recovery, Inc. reported the third quarter ended September 30, 2022 results: revenue $8.3 million, net income Net loss of $26.1 million, EPS net loss per share of $0.01 per share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $8.3 million
  - Net income: Net loss of $26.1 million
  - EPS: net loss per share of $0.01 per share
  - Result: reported results
  source text: to data ingestion as well as patient efficiencies and proper payments.” Third Quarter 2022 Financial Highlights • Revenue : Total revenue for the third quarter of 2022 was $8.3 million, up 234% from the third quarter of 2021. • Operating loss: Operating loss for the third quarter of 2022 was $78.9 million, compared with $3.1 million for the third quarter of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802450/000095017022023363/0000950170-22-023363-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.