{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-276056","form_type":"8-K","ticker":"QMCO","cik":"0000709283","company_name":"QUANTUM CORP /DE/","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.783315+00:00","generated_at":"2026-06-08T05:51:43.850546+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quantum delays Q2 FY2024 10-Q; re-evaluating ASC 606 revenue accounting; obtains lender waivers","bullets":["Filed Form 12b-25 for late 10-Q due to re-evaluation of Standalone Selling Price under ASC 606.","Cash and cash equivalents $25.6M (flat YoY); term loan debt $87.9M (up from $77.2M); revolver $21.5M.","Interest expense $3.9M for quarter, up from $2.7M a year ago.","Obtained waivers from lenders under term loan and revolving credit agreements to relax GAAP requirement for Q2 financials.","No set date for completing re-evaluation; earnings call postponed."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-276056","json":"https://secwatch.observer/filing/0001193125-23-276056.json","markdown":"https://secwatch.observer/filing/0001193125-23-276056.md","text":"https://secwatch.observer/filing/0001193125-23-276056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/709283/000119312523276056/0001193125-23-276056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/709283/000119312523276056/d81462d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:51:43.850546+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":"2e4a3df619d51cb7dc4fbb6311f3e8944081fa6b","claim":"QUANTUM CORP /DE/ reported preliminary financial results for the quarter ended September 30, 2023.","evidence_excerpt":"On November 13, 2023, the Company issued a press release regarding notification of late filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, and certain information regarding the Company’s liquidity and debt as of September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523276056/0001193125-23-276056-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}