{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-097087","form_type":"8-K","ticker":"CNVS","cik":"0001173204","company_name":"Cineverse Corp.","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.335176+00:00","generated_at":"2026-05-31T09:15:44.166662+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cineverse Q1 revenue falls 30% YoY to $9.1M; net loss improves; library appraised at $39.8M","bullets":["Revenue $9.1M vs $13.0M YoY; digital distribution down $1.9M and legacy cinema $1.2M.","Net loss $3.2M ($0.20/shr) vs $3.6M ($0.37/shr) YoY; Adj. EBITDA -$1.4M.","Direct operating margin 51% (target 45-50%); SG&A down 17% ($1.3M savings).","Digital content library appraised at $39.8M (book $2.6M); repurchased 184K shares.","Post-quarter: first Matchpoint SaaS deals >$250K annual revenue; Terrifier 3 release Oct 11."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-097087","json":"https://secwatch.observer/filing/0000950170-24-097087.json","markdown":"https://secwatch.observer/filing/0000950170-24-097087.md","text":"https://secwatch.observer/filing/0000950170-24-097087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173204/000095017024097087/0000950170-24-097087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173204/000095017024097087/cnvs-20240814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:15:44.166662+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}