{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-022860","form_type":"8-K","ticker":"RAVE","cik":"0000718332","company_name":"RAVE RESTAURANT GROUP, INC.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.043372+00:00","generated_at":"2026-06-15T23:33:06.646697+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"RAVE Q3: Revenue $3.0M, Pizza Inn comps +15.6%, Pie Five +8.1%; net income $0.3M","bullets":["Total revenue increased $0.4M to $3.0M; Pizza Inn domestic comparable store sales +15.6% YoY, Pie Five +8.1%.","Adjusted EBITDA stable at $0.6M; net income $0.3M ($0.02 diluted EPS) vs $0.5M ($0.03) prior year.","Cash $3.9M; unit counts: Pizza Inn 122 domestic, 33 international; Pie Five 30 domestic.","12th consecutive profitable quarter; investments in new image prototype and tech weighed on Q3 net income.","Tax expense increased $112K due to deferred tax asset recognition, primary driver of net income decline (non-cash)."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-022860","json":"https://secwatch.observer/filing/0001140361-23-022860.json","markdown":"https://secwatch.observer/filing/0001140361-23-022860.md","text":"https://secwatch.observer/filing/0001140361-23-022860.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/718332/000114036123022860/0001140361-23-022860-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/718332/000114036123022860/brhc20052286_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:33:06.646697+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":"df183333c0a10684e3c373ff7292137439be9869","claim":"RAVE RESTAURANT GROUP, INC. reported third fiscal quarter ended March 26, 2023 results: revenue $3.0 million, net income $0.3 million, EPS $0.02 per share.","evidence_excerpt":"(NASDAQ: RAVE) today reported financial results for the third quarter of fiscal 2023 ended March 26, 2023. Third Quarter Highlights: • Total revenue increased by $0.4 million to $3.0 million for the third quarter of fiscal 2023 compared to the same period of the prior year. • Adjusted EBITDA remained stable at $0.6 million for the third quarters of both fiscal 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/718332/000114036123022860/0001140361-23-022860-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended March 26, 2023"},{"label":"Revenue","value":"$3.0 million"},{"label":"Net income","value":"$0.3 million"},{"label":"EPS","value":"$0.02 per 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"}