{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-000198","form_type":"8-K","ticker":"JAKK","cik":"0001009829","company_name":"JAKKS PACIFIC INC","filed_at":"2024-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.080470+00:00","generated_at":"2026-06-05T05:13:46.768261+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"JAKKS Pacific Q4 net loss $11.3M; full-year adj. EPS $4.62, gross profit up 6%","bullets":["Q4 net sales $127.4M (-3% YoY); gross profit $33.7M (+18%); net loss $11.3M vs net income $37.6M in Q4 2022.","Full-year 2023 net sales $711.6M (-11%); gross profit $223.4M (+6%), highest since 2015.","Full-year adjusted net income $48.9M ($4.62 diluted) vs $43.6M ($4.29) in 2022; adjusted EBITDA $75.7M.","Ended 2023 with $72.6M cash, zero debt (all long-term debt repaid in H1); inventory down 35% to $52.6M.","CEO says third consecutive year meeting or exceeding full-year targets; supply chain normalization boosted margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-000198","json":"https://secwatch.observer/filing/0001185185-24-000198.json","markdown":"https://secwatch.observer/filing/0001185185-24-000198.md","text":"https://secwatch.observer/filing/0001185185-24-000198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1009829/000118518524000198/0001185185-24-000198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1009829/000118518524000198/jakkspacif20240228_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:13:46.768261+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":"c8282a3428445b3c0eb54f7786971eb0571bcf96","claim":"JAKKS PACIFIC INC reported the fourth quarter ended December 31, 2023 results: revenue $127.4 million, net income Net loss attributable to common stockholders of $11.3 million, EPS $1.12 per diluted share.","evidence_excerpt":"February 29, 2024 – JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 ● Net sales were $127.4 million, a year-over-year decrease of 3% ● Gross margin of 26.5%, up 480 basis points vs. Q4 2022, led by improved landed product cost and reduced inventory obsolescence expense ● Gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009829/000118518524000198/0001185185-24-000198-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$127.4 million"},{"label":"Net income","value":"Net loss attributable to common stockholders of $11.3 million"},{"label":"EPS","value":"$1.12 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"da7205d4bee3df53584d258b26945abd2e9087ac","claim":"JAKKS PACIFIC INC reported Full-Year 2023 results: revenue $711.6 million, net income Net income attributable to common stockholders of $36.9 million, EPS $4.62 per diluted share.","evidence_excerpt":"of $13.9 million (or $1.42 per diluted share) in Q4 2022 ● Adjusted EBITDA (a non-GAAP measure) of $(10.9) million vs. $(12.1) million in Q4 2022 Full-Year 2023 ● Net sales were $711.6 million compared to $796.2 million last year, an 11% decrease ● Gross margin of 31.4% compared to 26.5% last year ● Gross profit of $223.4 million, up 6% compared to $211.3 million last","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009829/000118518524000198/0001185185-24-000198-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-Year 2023"},{"label":"Revenue","value":"$711.6 million"},{"label":"Net income","value":"Net income attributable to common stockholders of $36.9 million"},{"label":"EPS","value":"$4.62 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"}