{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-060260","form_type":"8-K","ticker":"BODI","cik":"0001826889","company_name":"Beachbody Company, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.794348+00:00","generated_at":"2026-06-08T17:03:52.480265+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Q3 2023 revenue $128.3M, down 23% YoY; net loss $32.7M, cash burn improves","bullets":["Total revenue $128.3M vs $166.0M YoY; digital subs down 34% to 1.38M.","Net loss $32.7M vs $33.9M YoY; Adjusted EBITDA $(5.8)M vs $(6.2)M.","Q3 cash used in ops $0.2M (guidance <$5M); nine-month ops+investing $24.3M vs $60.1M YoY.","Q4 2023 guidance: revenue $105-115M, Adjusted EBITDA $(6)-$(1)M.","CEO cites turnaround plan in place; focus on cost reduction and digital platform reinvention."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-060260","json":"https://secwatch.observer/filing/0000950170-23-060260.json","markdown":"https://secwatch.observer/filing/0000950170-23-060260.md","text":"https://secwatch.observer/filing/0000950170-23-060260.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826889/000095017023060260/0000950170-23-060260-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826889/000095017023060260/body-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T17:03:52.480265+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":"33329fe7ab828df535d71d60f09b76ab203b6b33","claim":"Beachbody Company, Inc. reported third quarter ended September 30, 2023 results: revenue $128.3 million, net income $(32.7) million. Guidance reaffirmed.","evidence_excerpt":"are more profitable. I would like to thank the BODi team for their extremely hard work, as we continue on our transformation.” Third Quarter 2023 Results • Total revenue was $128.3 million compared to $166.0 million in the prior year period. o Digital revenue was $64.3 million compared to $72.2 million in the prior year period and digital subscriptions totaled 1.38","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826889/000095017023060260/0000950170-23-060260-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$128.3 million"},{"label":"Net income","value":"$(32.7) million"},{"label":"Guidance","value":"reaffirmed"},{"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"}