{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-065029","form_type":"8-K","ticker":"SMRT","cik":"0001837014","company_name":"SmartRent, Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.043788+00:00","generated_at":"2026-05-22T08:55:53.779408+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SmartRent Q1 revenue down 18% to $41.3M; net loss widens to $40.2M on $24.9M goodwill impairment","bullets":["SaaS revenue up 17% to $14.0M, but total revenue fell 18% as hardware revenue dropped 35% to $18.8M.","ARR $55.9M (+17% YoY); Units Deployed 827,611 (+10%), but new units deployed fell 39% and bookings down 61%.","Net loss $(40.2)M incl. $24.9M non-cash goodwill impairment; adjusted EBITDA loss $(6.4)M vs $0.4M profit a year ago.","Operating expenses include $5.0M legal accrual; company implemented $10M in cost reductions.","Cash $125.6M, no debt, $75M undrawn credit facility; repurchased 1.0M shares for $1.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-065029","json":"https://secwatch.observer/filing/0000950170-25-065029.json","markdown":"https://secwatch.observer/filing/0000950170-25-065029.md","text":"https://secwatch.observer/filing/0000950170-25-065029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837014/000095017025065029/0000950170-25-065029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837014/000095017025065029/smrt-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:55:53.779408+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"}