{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-139915","form_type":"8-K","ticker":"BNZI","cik":"0001826011","company_name":"Banzai International, Inc.","filed_at":"2024-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.440740+00:00","generated_at":"2026-06-01T21:37:49.228066+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Banzai Q1 revenue down 8.3% YoY to $1.1M; net loss widens; debt restructuring with Yorkville","bullets":["ARR at March 2024 was $4.9M, up 14.2% from Q4 2023 and 5% YoY.","Revenue $1.1M (-8.3% YoY); net loss $4.5M vs $3.8M YoY.","Adjusted EBITDA loss widened to $1.5M from $0.6M; cash only $1.0M.","Agreed with Yorkville to repay $2M of $2.7M notes, obtaining 90-day standstill on conversions.","Targets Dec 2024 ARR of $8.1M-$10M, contingent on acquisitions of Cliently and Boast."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-139915","json":"https://secwatch.observer/filing/0001193125-24-139915.json","markdown":"https://secwatch.observer/filing/0001193125-24-139915.md","text":"https://secwatch.observer/filing/0001193125-24-139915.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826011/000119312524139915/0001193125-24-139915-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826011/000119312524139915/d842344d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T21:37:49.228066+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":"b63dff30e16a092619e984dc0c507e2f9c65b5f6","claim":"Banzai International, Inc. reported the first quarter ended March 31, 2024 results: revenue approximately $1,079 thousand, net income net losses of approximately $4.5 million.","evidence_excerpt":"team evaluates its financial and operating results utilizing this non-GAAP measure. For the three months ended March 31, 2024, Banzai reported total revenue of approximately $1,079 thousand, representing a decrease of approximately $98 thousand, or approximately 8.3%, compared to the three months for the same period ended March 31, 2023. This decrease is primarily","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826011/000119312524139915/0001193125-24-139915-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"approximately $1,079 thousand"},{"label":"Net income","value":"net losses of approximately $4.5 million"},{"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"}