{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-056086","form_type":"8-K","ticker":"BBAI","cik":"0001836981","company_name":"BigBear.ai Holdings, Inc.","filed_at":"2025-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.186789+00:00","generated_at":"2026-05-24T14:17:04.098940+00:00","sec_items":["2.02","4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"BigBear.ai restates 2022-2024 financials; prior statements no longer reliable","bullets":["Board concludes 2022-2023 audited and 2023-2024 interim financials should not be relied upon due to accounting for convertible notes.","Preliminary restated loss before taxes: 2022 $113.4M ($10M improvement), 2023 $71.3M ($11M worse), 2024 $296.1M ($39M worse).","Adjustments relate to embedded conversion option on 2026 Notes; 90% of principal retired in Dec 2024 via 2029 Notes.","Revenues, gross margin, Adjusted EBITDA, operating cash flows, and 2025 guidance are unaffected.","Audit by Grant Thornton ongoing; final amounts may change."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-056086","json":"https://secwatch.observer/filing/0001193125-25-056086.json","markdown":"https://secwatch.observer/filing/0001193125-25-056086.md","text":"https://secwatch.observer/filing/0001193125-25-056086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1836981/000119312525056086/0001193125-25-056086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1836981/000119312525056086/d925610d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T14:17:04.098940+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"}