{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-037175","form_type":"8-K","ticker":"AMWL","cik":"0001393584","company_name":"American Well Corp","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.773227+00:00","generated_at":"2026-06-12T12:26:18.105289+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Amwell Q2 revenue $62.4M, net loss $93.5M; cuts FY revenue guidance to $257-263M","bullets":["Revenue $62.4M ($28.0M subscription, $28.1M AMG visits); gross margin 39%.","Net loss $93.5M includes $27.3M non-cash goodwill impairment; Adj. EBITDA ($45.3M).","FY 2023 revenue guidance cut to $257-263M from $275-285M; Adj. EBITDA now ($160)-($165)M.","Total visits 1.5M; Converge platform visits grew to 43% of total from 36% Q1.","Cash and short-term securities $458.7M at quarter-end."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-037175","json":"https://secwatch.observer/filing/0000950170-23-037175.json","markdown":"https://secwatch.observer/filing/0000950170-23-037175.md","text":"https://secwatch.observer/filing/0000950170-23-037175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393584/000095017023037175/0000950170-23-037175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393584/000095017023037175/amwl-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T12:26:18.105289+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":"034b43fc3ef9e1fc734485068d8858a453754516","claim":"American Well Corp reported second quarter ended June 30, 2023 results: revenue $62.4 million, net income ($93.5) million. Guidance lowered.","evidence_excerpt":"Amwell ® (NYSE: AMWL), a leader in hybrid care enablement, today announced financial results for the second quarter ended June 30, 2023. Amwell Second Quarter 2023 Highlights: • Recorded Total Revenue of $62.4 million o Achieved subscription revenue of $28.0 million o Recorded AMG Visit revenue of $28.1 million • Reported gross margin of 39% • Net loss was ($93.5) million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393584/000095017023037175/0000950170-23-037175-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$62.4 million"},{"label":"Net income","value":"($93.5) million"},{"label":"Guidance","value":"lowered"},{"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"}