{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-057255","form_type":"8-K","ticker":null,"cik":"0001813914","company_name":"CareMax, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.292882+00:00","generated_at":"2026-06-02T06:45:56.632269+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CareMax Q1 revenue up 34% to $232.2M; adjusted EBITDA loss widens; exploring asset sales","bullets":["Medicare Advantage membership 107K (+12% YoY); total revenue $232.2M (+34% YoY).","Net loss $43.4M improved from $82.1M loss YoY; adjusted EBITDA loss $10.5M vs $0.4M loss.","Medical Expense Ratio worsened to 87.8% from 75.2% YoY; utilization trends improving.","Exploring strategic options to maximize asset value and generate liquidity; cash $41M.","Limited waiver of credit facility covenants in place; engaged with lenders and advisors."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-057255","json":"https://secwatch.observer/filing/0000950170-24-057255.json","markdown":"https://secwatch.observer/filing/0000950170-24-057255.md","text":"https://secwatch.observer/filing/0000950170-24-057255.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1813914/000095017024057255/0000950170-24-057255-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1813914/000095017024057255/cmax-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:45:56.632269+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":"77f0db556fb1859889142b9e5c7a3bd12caaf5b0","claim":"CareMax, Inc. reported first quarter ended March 31, 2024 results: revenue $232.2 million, net income $43.4 million.","evidence_excerpt":"--- EX-99.1 EX-99.1 CareMax Reports First Quarter 2024 Results • First Quarter Medicare Advantage Membership of 107,000, up 12% year-over-year • First Quarter Total Revenue of $232.2 million, up 34% year-over-year • Continuing to Explore Strategic Options to Maximize Value of Certain Assets and Generate Further Liquidity Miami, FL - May 9, 2024 - CareMax, Inc.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813914/000095017024057255/0000950170-24-057255-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$232.2 million"},{"label":"Net income","value":"$43.4 million"},{"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"}