{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-148319","form_type":"8-K/A","ticker":"TBCH","cik":"0001493761","company_name":"Turtle Beach Corp","filed_at":"2024-05-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.648919+00:00","generated_at":"2026-06-01T07:39:52.511199+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Turtle Beach acquisition target PDP reports $91.2M revenue, $7.0M net loss for FY2023","bullets":["PDP net sales $91.2M in FY2023, down 17% from $110.2M in FY2022; net loss widened to $7.0M from $3.7M.","Operating loss of $5.5M in FY2023 vs operating income of $2.4M in FY2022; gross margin fell to 21.7% from 24.9%.","As of March 31, 2023, PDP had $1.25M member's equity, $23.5M revolving loan, and $6.2M current portion of long-term debt.","Inventory reserve more than doubled to $3.4M, including $2.4M for obsolete component inventory."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-148319","json":"https://secwatch.observer/filing/0001193125-24-148319.json","markdown":"https://secwatch.observer/filing/0001193125-24-148319.md","text":"https://secwatch.observer/filing/0001193125-24-148319.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1493761/000119312524148319/0001193125-24-148319-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1493761/000119312524148319/d760902d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:39:52.511199+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"}