{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-100290","form_type":"8-K","ticker":"IMMR","cik":"0001058811","company_name":"IMMERSION CORP","filed_at":"2025-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.222826+00:00","generated_at":"2026-05-17T22:46:29.781617+00:00","sec_items":["2.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"confidence":"high","headline":"Immersion delays 10-K filing; BNED subsidiary reveals up to $23M accounts receivable overstatement","bullets":["Delays annual report filing due to internal investigation at subsidiary BNED for potential $23M accounts receivable overstatement.","Preliminary FY2025 revenue $1.6B (vs $33.9M prior year); cash and debt unaffected by investigation.","Payment processing employee suspended; BNED expects at least one material weakness in internal controls.","Investigation ongoing; BNED may require restatement of previously issued financial statements."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-100290","json":"https://secwatch.observer/filing/0000950170-25-100290.json","markdown":"https://secwatch.observer/filing/0000950170-25-100290.md","text":"https://secwatch.observer/filing/0000950170-25-100290.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058811/000095017025100290/0000950170-25-100290-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058811/000095017025100290/immr-20250730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:46:29.781617+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"}