{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-22-007592","form_type":"8-K","ticker":"CNET","cik":"0001376321","company_name":"ZW Data Action Technologies Inc.","filed_at":"2022-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.367734+00:00","generated_at":"2026-06-21T15:43:19.110204+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ZW Data Q3 2022 revenue falls 39% to $7.22M; net loss widens to $2.84M","bullets":["Revenue $7.22M, down 39.4% YoY; net loss $2.84M ($0.08 loss per share) vs net income $1.38M ($0.04 EPS) last year.","Gross loss of $0.05M vs gross profit $0.04M; operating loss widened to $1.83M from $1.57M.","Nine-month 2022 revenue $21.81M, down 37.4%; net loss $5.27M ($0.15 per share) vs $1.59M loss ($0.05) YoY.","Cash dropped to $2.15M from $7.17M at Dec 31, 2021; working capital fell to $7.82M from $11.10M.","Company attributes decline to COVID-19 resurgence in China hurting SME clients' demand for search marketing."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-22-007592","json":"https://secwatch.observer/filing/0001171843-22-007592.json","markdown":"https://secwatch.observer/filing/0001171843-22-007592.md","text":"https://secwatch.observer/filing/0001171843-22-007592.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1376321/000117184322007592/0001171843-22-007592-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1376321/000117184322007592/f8k_111722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:43:19.110204+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":"12e33c0439d2c506b4c7a823d0b7d1055bbd4680","claim":"ZW Data Action Technologies Inc. reported the first nine months of 2022 results: revenue $21.81 million.","evidence_excerpt":"For the first nine months of 2022, revenues decreased by $13.03 million, or 37.4%, to $21.81 million from $34.85 million for the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1376321/000117184322007592/0001171843-22-007592-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first nine months of 2022"},{"label":"Revenue","value":"$21.81 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9921699934b49dc2a3a14808d71b5bf18bbedf7c","claim":"ZW Data Action Technologies Inc. reported the third quarter of 2022 results: revenue $7.22 million, net income ($2.84 million), EPS ($0.08).","evidence_excerpt":"For the third quarter of 2022, revenues decreased by $4.68 million, or 39.4%, to $7.22 million from $11.90 million for the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1376321/000117184322007592/0001171843-22-007592-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2022"},{"label":"Revenue","value":"$7.22 million"},{"label":"Net income","value":"($2.84 million)"},{"label":"EPS","value":"($0.08)"},{"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"}