{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-034658","form_type":"8-K","ticker":null,"cik":"0001389002","company_name":"MARIN SOFTWARE INC","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.498286+00:00","generated_at":"2026-05-25T05:40:18.926828+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Marin Software cuts ~28% of workforce; expects $1.2M-$1.4M in severance costs","bullets":["Reduction of ~22 employees (~28% of global headcount as of Dec 31, 2024) plus ~3 contractors.","Cash expenditures estimated between $1.2M and $1.4M, substantially all severance.","Restructuring plan commenced March 4, 2025; expected completion by end of Q1 2025.","Majority of pre-tax restructuring charges expected in Q1 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-034658","json":"https://secwatch.observer/filing/0000950170-25-034658.json","markdown":"https://secwatch.observer/filing/0000950170-25-034658.md","text":"https://secwatch.observer/filing/0000950170-25-034658.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389002/000095017025034658/0000950170-25-034658-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389002/000095017025034658/mrin-20250304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T05:40:18.926828+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":"865d4650f38bd48cae89c51e32cbfe0c62e1d5e5","claim":"MARIN SOFTWARE INC announced a restructuring with charges of between approximately $1.2 million and $1.4 million (approximately 22 employees, representing approximately 28% of the Company’s global employees).","evidence_excerpt":"expects to substantially complete the 2025 Restructuring Plan by the end of the quarter ending March 31, 2025. The Company estimates that it will incur between approximately $1.2 million and $1.4 million of cash expenditures in connection with the 2025 Restructuring Plan, substantially all of which relates to severance costs. The Company expects to recognize the","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389002/000095017025034658/0000950170-25-034658-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between approximately $1.2 million and $1.4 million"},{"label":"Headcount","value":"approximately 22 employees, representing approximately 28% of the Company’s global employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}