{"schema_version":"secwatch.filing_event.v1","accession":"0001058623-26-000017","form_type":"8-K","ticker":"CMLS","cik":"0001058623","company_name":"CUMULUS MEDIA INC","filed_at":"2026-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.888265+00:00","generated_at":"2026-05-15T06:39:19.298112+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"confidence":"high","headline":"Cumulus Media Q4 net loss $135M; revenue down 14%; full-year adjusted EBITDA $52M","bullets":["Q4 net revenue $188.1M, down 14% YoY; net loss $135.1M vs $231.1M loss last year.","Full-year revenue $741.7M, down 10.3%; net loss $200.7M; Adjusted EBITDA $52M (-37.1%).","Diluted loss per share $(7.75) for Q4 and $(11.55) for full year 2025.","CEO cites recently announced financial restructuring to reduce debt burden.","Adjusted EBITDA fell 62.2% in Q4 to $9.5M from $25M a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001058623-26-000017","json":"https://secwatch.observer/filing/0001058623-26-000017.json","markdown":"https://secwatch.observer/filing/0001058623-26-000017.md","text":"https://secwatch.observer/filing/0001058623-26-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058623/000105862326000017/0001058623-26-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058623/000105862326000017/cmls-20260410.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:39:19.298112+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"}