{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-26-000327","form_type":"8-K/A","ticker":"FCCN","cik":"0001131903","company_name":"SPECTRAL CAPITAL Corp","filed_at":"2026-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.598925+00:00","generated_at":"2026-05-15T10:07:13.584376+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Spectral Capital completes Telvantis Voice acquisition; acquired co. revenue collapsed 90% in 2024","bullets":["Acquisition of 100% of Telvantis Voice Services effective Dec 31, 2025; financial statements now filed.","Acquired co. revenue fell from $215.4M in 2023 to $22.5M in 2024 due to halt in working capital financing.","Net income was $3.4M in 2024 (vs $0.9M in 2023) boosted by $5.5M other income; operating loss of $2.1M.","Working capital deficit of $1.1M; cash only $48K; going concern note highlights reliance on recent working capital restructuring.","Pro forma financials included; goodwill $1.6M and intangible assets $9.5M on acquired co. balance sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-26-000327","json":"https://secwatch.observer/filing/0001096906-26-000327.json","markdown":"https://secwatch.observer/filing/0001096906-26-000327.md","text":"https://secwatch.observer/filing/0001096906-26-000327.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1131903/000109690626000327/0001096906-26-000327-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1131903/000109690626000327/fccn-20251229_8kz.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T10:07:13.584376+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"}