{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-026792","form_type":"8-K","ticker":"SGA","cik":"0000886136","company_name":"SAGA COMMUNICATIONS INC","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.923162+00:00","generated_at":"2026-05-15T14:34:24.395539+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":"Saga Communications reports Q4 net loss of $6.9M; records $20.4M impairment, eliminating goodwill","bullets":["Q4 net revenue $26.5M (-9.3% YoY); diluted loss per share $1.07 vs income $0.20.","Recorded $20.4M goodwill/FCC license impairment; no goodwill remains after charge.","Full-year net loss $7.9M; station operating income (non-GAAP) down 27.3% to $15.3M.","Digital revenue grew 25.8% in Q4 and 19.1% for full year; tower sale added $11.6M gain."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-026792","json":"https://secwatch.observer/filing/0001104659-26-026792.json","markdown":"https://secwatch.observer/filing/0001104659-26-026792.md","text":"https://secwatch.observer/filing/0001104659-26-026792.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886136/000110465926026792/0001104659-26-026792-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886136/000110465926026792/sga-20260312x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T14:34:24.395539+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"}