{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-115940","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.873290+00:00","generated_at":"2026-05-22T05:21:23.540115+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"confidence":"high","headline":"Nerdy Q1 revenue $47.6M beats guidance but down 11% YoY; net loss widens to $16.2M","bullets":["Revenue of $47.6M beat top end of $45-47M guidance; down from $53.7M YoY due to fewer Learning Memberships.","Net loss $16.2M vs $12.0M YoY; adjusted EBITDA loss $6.4M vs $24k profit YoY.","ARPM rose 14% to $335; 40,500 Active Members; monthly recurring Learning Membership revenue turned positive YoY in March.","Gross margin fell to 58% from 68% due to tutor incentives; expects sequential quarterly improvement.","Cash $44.9M, no debt; headcount reduced 16% vs Dec 2024; full-year revenue guidance raised low end to $191.5-200M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-115940","json":"https://secwatch.observer/filing/0001193125-25-115940.json","markdown":"https://secwatch.observer/filing/0001193125-25-115940.md","text":"https://secwatch.observer/filing/0001193125-25-115940.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000119312525115940/0001193125-25-115940-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000119312525115940/d936548d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T05:21:23.540115+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"}