{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-23-000415","form_type":"8-K","ticker":"JAKK","cik":"0001009829","company_name":"JAKKS PACIFIC INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.572623+00:00","generated_at":"2026-06-16T07:41:02.525360+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":"JAKKS Pacific Q1 net sales $107.5M (-11% YoY); net loss widens to $5.7M, but gross margin improves 450 bps","bullets":["Net sales $107.5M (-11% vs $120.9M Q1 2022); gross margin 29.2% (+450 bps); gross profit $31.4M (+5%).","Net loss attributable to common stockholders $5.7M ($0.58/share) vs $4.2M loss ($0.43) in Q1 2022.","Adjusted EBITDA negative $1.1M vs positive $1.9M; TTM adjusted EBITDA $73.3M (+37% from $53.6M).","International segment grew: Toys/Consumer Products +7% to $20.0M, Costumes +64% to $3.0M; Latin America strong.","Long-term debt reduced to under $30M during Q1; temporary warehouse costs drove SG&A higher."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-23-000415","json":"https://secwatch.observer/filing/0001185185-23-000415.json","markdown":"https://secwatch.observer/filing/0001185185-23-000415.md","text":"https://secwatch.observer/filing/0001185185-23-000415.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1009829/000118518523000415/0001185185-23-000415-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1009829/000118518523000415/jakkspacif20230426_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T07:41:02.525360+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":"4bcc648e0903250a52f41595569917cbcb504d96","claim":"JAKKS PACIFIC INC reported the first quarter ended March 31, 2023 results: revenue Net sales were $107.5 million, net income Net loss attributable to common stockholders was $5.7 million, EPS $0.58 per basic and diluted share.","evidence_excerpt":"April 27, 2023 – JAKKS Pacific, Inc. [NASDAQ: JAKK] today reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Overview: ● Net sales were $107.5 million, down 11% compared to $120.9 million in Q1 2022 ● Back-to-back $100+ million net sales Q1s for the first time since 2008-2009 ● Gross margin of 29.2%, up 450 basis points vs. Q1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009829/000118518523000415/0001185185-23-000415-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"Net sales were $107.5 million"},{"label":"Net income","value":"Net loss attributable to common stockholders was $5.7 million"},{"label":"EPS","value":"$0.58 per basic and 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"}