---
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"
generated_at: "2026-06-01T21:37:49.228066+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Banzai Q1 revenue down 8.3% YoY to $1.1M; net loss widens; debt restructuring with Yorkville

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-139915
- JSON: https://secwatch.observer/filing/0001193125-24-139915.json
- Plain text: https://secwatch.observer/filing/0001193125-24-139915.txt

## Key facts
- Earnings Releases
  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.
  - Period: the first quarter ended March 31, 2024
  - Revenue: approximately $1,079 thousand
  - Net income: net losses of approximately $4.5 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1826011/000119312524139915/0001193125-24-139915-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.