{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-000433","form_type":"8-K","ticker":"JAKK","cik":"0001009829","company_name":"JAKKS PACIFIC INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.858455+00:00","generated_at":"2026-06-03T07:13:40.253536+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":"JAKKS Pacific Q1 net sales $90.1M (-16% YoY); operating loss $21.3M; preferred shares retired","bullets":["Net sales $90.1M, down 16% YoY; gross margin 23.4%, down 580 bps.","Operating loss $21.3M vs $4.4M loss in Q1 2023; adjusted EPS loss $1.09 vs $0.40.","Adjusted EBITDA -$17.2M vs -$1.1M; lack of new film releases drove decline.","Retired all preferred shares at discounted valuation, removing last 2019 restructuring artifact.","Cash $35.5M; zero total debt; inventory $46.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-000433","json":"https://secwatch.observer/filing/0001185185-24-000433.json","markdown":"https://secwatch.observer/filing/0001185185-24-000433.md","text":"https://secwatch.observer/filing/0001185185-24-000433.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1009829/000118518524000433/0001185185-24-000433-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1009829/000118518524000433/jakkspacif20240424_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:13:40.253536+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":"5e8937cf41b7095e0c667b3c19d46f63384e0b24","claim":"JAKKS PACIFIC INC reported first quarter ended March 31, 2024 results: revenue $90.1 million.","evidence_excerpt":"California, April 24, 2024 – JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 ● Net sales were $90.1 million, a year-over-year decrease of $17.4 million or 16%, driven by a lack of new film releases vs. prior year ● Gross margin of 23.4%, down 580 basis points vs. Q1 2023, led by higher","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009829/000118518524000433/0001185185-24-000433-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$90.1 million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}