{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-015288","form_type":"8-K","ticker":"CNVS","cik":"0001173204","company_name":"Cineverse Corp.","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.555927+00:00","generated_at":"2026-06-06T02:04:16.287606+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cineverse Q3 FY2024: Revenue $13.3M, direct margin 59%, Adj. EBITDA $1.8M","bullets":["Total revenue $13.3M vs $27.9M prior year; net loss $2.9M ($0.22/sh) vs net income $4.9M ($0.55/sh).","Direct operating margin improved to 59% from 48%; SG&A decreased $2.7M or 30%.","Subscription revenue +13% to $3.4M; paid subscribers 1.4M (+30% YoY).","Adjusted EBITDA $1.8M; excluding non-cash Metaverse loss, net income would be $0.2M.","Secured Terrifier 3 rights for FY2025; expanded credit line to $7.5M; partnership with Google Cloud for cineSearch."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-015288","json":"https://secwatch.observer/filing/0000950170-24-015288.json","markdown":"https://secwatch.observer/filing/0000950170-24-015288.md","text":"https://secwatch.observer/filing/0000950170-24-015288.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173204/000095017024015288/0000950170-24-015288-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173204/000095017024015288/cnvs-20240214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:04:16.287606+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":"1b5dd3ae540628d6b1b5871fa5299f64e0e3564b","claim":"Cineverse Corp. reported the fiscal third quarter ended December 31, 2023 results: revenue $13.3 million, net income Net loss attributable to common stockholders was $2.9 million, or $(0.22) earnings per share, EPS $(0.22).","evidence_excerpt":"Cineverse Reports Third Quarter Fiscal Year 2024 Results Total Revenue of $13.3 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1173204/000095017024015288/0000950170-24-015288-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal third quarter ended December 31, 2023"},{"label":"Revenue","value":"$13.3 million"},{"label":"Net income","value":"Net loss attributable to common stockholders was $2.9 million, or $(0.22) earnings per share"},{"label":"EPS","value":"$(0.22)"},{"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"}