{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-063942","form_type":"8-K","ticker":"SEAT","cik":"0001856031","company_name":"Vivid Seats Inc.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.194323+00:00","generated_at":"2026-05-22T14:03:58.534288+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Vivid Seats Q1 revenue down 14% to $164M; net loss; suspends FY2025 guidance","bullets":["Marketplace GOV $820.4M (-20% YoY); revenue $164.0M (-14% YoY).","Net loss of $9.8M vs net income of $10.7M in Q1 2024; Adjusted EBITDA $21.7M (-44%).","CEO cites robust competitive intensity and softening industry trends.","CFO suspends FY2025 guidance due to elevated uncertainty; industry volumes now expected flat-to-down.","Resale segment orders stable at 105k vs 99k; Marketplace orders down 20% to 2.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-063942","json":"https://secwatch.observer/filing/0000950170-25-063942.json","markdown":"https://secwatch.observer/filing/0000950170-25-063942.md","text":"https://secwatch.observer/filing/0000950170-25-063942.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856031/000095017025063942/0000950170-25-063942-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856031/000095017025063942/seat-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T14:03:58.534288+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"}