{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-22-000681","form_type":"8-K","ticker":"ASPU","cik":"0001487198","company_name":"ASPEN GROUP, INC.","filed_at":"2022-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.879788+00:00","generated_at":"2026-06-25T06:43:19.149238+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Aspen Group FY2022 revenue $76.7M (+13%); Q4 net loss up to $2.4M; cuts marketing to fund Arizona bond","bullets":["FY2022 revenue $76.7M (+13% YoY vs $67.8M); Q4 revenue $19.4M vs $19.1M prior-year quarter.","Q4 net loss expected ($2.4M)-($2.1M); positive Adjusted EBITDA of $0.3M-$0.6M.","Reduced Q4 marketing spend by $1.5M to collateralize $18.3M surety bond required by Arizona.","Unrestricted cash ended ~$6.5M; received $10M convertible note proceeds partially offset by $5M restricted for bond.","In active discussions for accounts receivable financing facility to close before July 19 earnings call."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-22-000681","json":"https://secwatch.observer/filing/0001079973-22-000681.json","markdown":"https://secwatch.observer/filing/0001079973-22-000681.md","text":"https://secwatch.observer/filing/0001079973-22-000681.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1487198/000107997322000681/0001079973-22-000681-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1487198/000107997322000681/aspu_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T06:43:19.149238+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"}