{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-058050","form_type":"8-K","ticker":"VRM","cik":"0001580864","company_name":"Vroom, Inc.","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.063279+00:00","generated_at":"2026-06-02T02:19:49.125885+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Vroom reports Q1 net loss from continuing ops of $44.7M; cash $91M; ecommerce wind-down substantially complete","bullets":["Net loss from continuing operations $44.7M vs. $15.5M loss in Q1 2023; Adjusted EBITDA -$32.2M.","Interest income $51.1M (+48.6% YoY) driven by UACC; net interest income after losses $5.9M (-47.1%).","Cash and cash equivalents $91.0M; cash burn primarily from ecommerce wind-down costs.","UACC completed $262.5M securitization in April 2024; non-investment grade notes sold in May.","CarStory segment Adjusted EBITDA $0.6M; total company net loss $67.6M (including discontinued ops)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-058050","json":"https://secwatch.observer/filing/0000950170-24-058050.json","markdown":"https://secwatch.observer/filing/0000950170-24-058050.md","text":"https://secwatch.observer/filing/0000950170-24-058050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580864/000095017024058050/0000950170-24-058050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580864/000095017024058050/vrm-20240510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T02:19:49.125885+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":"430aa521442212f1bb3d194352177578328f1cef","claim":"Vroom, Inc. reported first quarter ended March 31, 2024 results: net income $(44.7) million net loss from continuing operations.","evidence_excerpt":"Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2024. HIGHLIGHTS OF FIRST QUARTER 2024 • $91.0 million cash and cash equivalents as of March 31, 2024 • $(44.7) million net loss from continuing operations • $(32.2) million Adjusted EBITDA","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580864/000095017024058050/0000950170-24-058050-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$(44.7) million net loss from continuing operations"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}