{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-033395","form_type":"8-K","ticker":"OPAD","cik":"0001825024","company_name":"Offerpad Solutions Inc.","filed_at":"2025-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.100983+00:00","generated_at":"2026-05-26T15:08:12.525342+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Offerpad reports Q4 2024 revenue $174.3M, net loss $17.3M; FY2024 net loss improves 47% to $62.2M","bullets":["Q4 2024: homes sold 503 (-29% YoY), revenue $174.3M (-28%), net loss $17.3M.","FY2024 net loss $62.2M improved 47% from $117.2M; adjusted EBITDA improved 65% to -$29.2M.","Gross profit per home sold FY2024 $26.7k (up 40% YoY); contribution profit after interest $11.5k.","Operating expenses fell 32% to $118.2M; Renovate revenue >$18M in 2024, up 49% YoY.","Q1 2025 outlook: homes sold 450-500, revenue $150M-$170M, adjusted EBITDA 'slightly better'."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-033395","json":"https://secwatch.observer/filing/0001193125-25-033395.json","markdown":"https://secwatch.observer/filing/0001193125-25-033395.md","text":"https://secwatch.observer/filing/0001193125-25-033395.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825024/000119312525033395/0001193125-25-033395-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825024/000119312525033395/d931901d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T15:08:12.525342+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"}