{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-093971","form_type":"8-K","ticker":"DBGI","cik":"0001668010","company_name":"Digital Brands Group, Inc.","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.787264+00:00","generated_at":"2026-06-11T06:18:25.961059+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Digital Brands Group reports Q2 net income of $5.0M, revenue up 69.6% to $4.5M","bullets":["Net income attributable to common stockholders $5.0M ($0.38 diluted EPS) vs loss of $9.5M a year ago.","Revenue $4.5M, up 69.6% YoY (excluding Harper & Jones spin-out).","Income from operations of $9.0M compared to a loss of $10.6M in prior-year period.","G&A expenses decreased 4.0% to $4.1M; Sales & Marketing down 20.1% to $1.1M.","Expects internal free cash flow in October; launching affiliate program and multi-brand retail store this Fall."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-093971","json":"https://secwatch.observer/filing/0001104659-23-093971.json","markdown":"https://secwatch.observer/filing/0001104659-23-093971.md","text":"https://secwatch.observer/filing/0001104659-23-093971.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668010/000110465923093971/0001104659-23-093971-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668010/000110465923093971/tm2324193d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:18:25.961059+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":[{"claim_id":"5714da57ac049c894949c5e182e1cc5b5ff54e7d","claim":"Digital Brands Group, Inc. reported second quarter ended June 30, 2023 results: revenue $4.5 million, net income $5.0 million, EPS $0.38 per diluted share.","evidence_excerpt":"Digital Brands Group Reports Second Quarter 2023 Financial Results Net Earnings of $5.0 million or $0.38 per diluted share Revenues increased 69.6% to $4.5 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668010/000110465923093971/0001104659-23-093971-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$4.5 million"},{"label":"Net income","value":"$5.0 million"},{"label":"EPS","value":"$0.38 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}