{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-042566","form_type":"8-K","ticker":"GLXZ","cik":"0000013156","company_name":"Galaxy Gaming, Inc.","filed_at":"2023-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.543403+00:00","generated_at":"2026-06-11T09:16:26.160395+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Galaxy Gaming Q2 revenue up 33% to $7.5M, net income $357K, raises 2023 guidance","bullets":["Q2 revenue $7.53M (+33% YoY); net income $357K vs loss of $1.12M.","Adjusted EBITDA $3.22M (+36% YoY); net leverage 3.4x well under 6.0x covenant.","Raised FY 2023 guidance: revenue to $29-30M (from $27.5-28.5M), EBITDA to $13.0-13.25M.","Announced ten-year agreement with Evolution; exclusive US/Canada/UK/online EZ Baccarat distribution.","First GOS platform installations in US and UK; cash $18.7M, long-term debt $58.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-042566","json":"https://secwatch.observer/filing/0000950170-23-042566.json","markdown":"https://secwatch.observer/filing/0000950170-23-042566.md","text":"https://secwatch.observer/filing/0000950170-23-042566.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/13156/000095017023042566/0000950170-23-042566-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/13156/000095017023042566/glxz-20230814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:16:26.160395+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":"d4a27cf7671ecd19693e6723e8f7e1a88f25422c","claim":"Galaxy Gaming, Inc. reported the quarter ended June 30, 2023 results: revenue $7,525K, net income $357K. Guidance raised.","evidence_excerpt":"iGaming content, announced today its financial results for the quarter and six months ended June 30, 2023. Financial Highlights Q2 2023 vs. Q2 2022 • Revenue increased 33% to $7,525K • Adjusted EBITDA increased 36% to $3,218K • Net income of $357K vs. net loss of $(1,116)K 1H 2023 vs. 1H 2022 • Revenue increased 29% to $14,948K • Adjusted EBITDA increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/13156/000095017023042566/0000950170-23-042566-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$7,525K"},{"label":"Net income","value":"$357K"},{"label":"Guidance","value":"raised"},{"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"}