{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-218761","form_type":"8-K","ticker":"DAVE","cik":"0001841408","company_name":"Dave Inc./DE","filed_at":"2022-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.382747+00:00","generated_at":"2026-06-24T00:28:45.695849+00:00","sec_items":["4.02","2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Dave Inc. restates prior financials; Q2 revenue $47M, adj EBITDA loss $28.5M","bullets":["Non-reliance on 2021/2020 audited financials and Q1 2022 unaudited financials due to cash flow and earnout accounting errors.","Q2 2022 non-GAAP operating revenue $47.0M (+22.4% YoY); adjusted EBITDA loss $28.5M vs loss $4.5M in Q2 2021.","Revised FY2022 outlook: non-GAAP operating revenue $200-215M; variable profit margin 40-44%.","Cash flow reclassification (member advances) and earnout reclassification (equity to liability) are non-cash with no impact to cash or net income.","Material weaknesses in internal control over financial reporting persist; remediation plan ongoing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-218761","json":"https://secwatch.observer/filing/0001193125-22-218761.json","markdown":"https://secwatch.observer/filing/0001193125-22-218761.md","text":"https://secwatch.observer/filing/0001193125-22-218761.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841408/000119312522218761/0001193125-22-218761-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841408/000119312522218761/d375988d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T00:28:45.695849+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}