{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-053561","form_type":"8-K","ticker":"BODI","cik":"0001826889","company_name":"Beachbody Company, Inc.","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.451512+00:00","generated_at":"2026-06-02T22:21:10.086764+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Beachbody (BODi) reports Q1 revenue $120M, positive free cash flow $7.4M, first since 2020","bullets":["Revenue $120.0M (down 17.2% YoY) beat midpoint of guidance; net loss improved to $14.2M from $29.2M.","Adjusted EBITDA $4.6M vs. $(0.9M) a year ago; operating cash flow $9.1M vs. $(7.9M) prior year.","Free cash flow positive $7.4M, first positive quarter since 2020; net cash position rose to $14.4M from $3.9M.","Digital subscriptions 1.22M (-30.4% YoY); Nutrition & Other revenue $55.5M (-25.1% YoY).","Q2 2024 guidance: revenue $103-113M, adjusted EBITDA $(3)-$3M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-053561","json":"https://secwatch.observer/filing/0000950170-24-053561.json","markdown":"https://secwatch.observer/filing/0000950170-24-053561.md","text":"https://secwatch.observer/filing/0000950170-24-053561.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826889/000095017024053561/0000950170-24-053561-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826889/000095017024053561/body-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:21:10.086764+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":"e53946a9ae9bad13574fd98e486ec4d3ffa6b2e9","claim":"Beachbody Company, Inc. reported the quarter ended March 31, 2024 results: revenue $120.0 million, net income $14.2 million. Guidance initiated.","evidence_excerpt":"• Total revenue was $120.0 million compared to $144.9 million in the prior year period. o Digital revenue was $61.5 million compared to $64.8 million in the prior year period and digital subscriptions totaled 1.22 million in the first quarter. o Nutrition and Other revenue was $55.5 million compared to $74.1 million in the prior year period and nutritional subscriptions totaled 0.15 million in the first quarter. o Connected Fitness revenue was $3.0 million compared to $6.0 million in the prior year period and approximately 3,500 bikes were delivered in the first quarter. • Total operating expenses were $92.1 million compared to $118.8 million in the prior year period. • Operating loss improved by $16.6 million to $10.8 million compared to an operating loss of $27.4 million in the prior year period. • Net loss was $14.2 million compared to a net loss of $29.2 million in the prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826889/000095017024053561/0000950170-24-053561-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$120.0 million"},{"label":"Net income","value":"$14.2 million"},{"label":"Guidance","value":"initiated"},{"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"}