---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-283328"
form_type: "8-K"
ticker: "CNVS"
cik: "0001173204"
company_name: "Cineverse Corp."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:45:09.605733+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cineverse Q2 FY2026 net loss widens to $5.7M, revenue down 3% YoY

## Summary
- Revenue $12.4M (down 3% YoY); Direct Operating Margin 58% (up 7pp).
- Net loss $(5.7)M ($(0.31)/share) vs $(1.4)M ($(0.09)/share) a year ago.
- Adjusted EBITDA $(3.7)M vs $0.5M prior; SG&A rose $5.0M to $11.4M on Toxic Avenger marketing and investments.
- Cash $2.3M, $5.9M available on $12.5M credit line; net working capital $(1.3)M.
- Content library valuation indication $45M vs book $3.2M; MicroCo venture and Matchpoint 3.0 launched.

## SEC filing metadata
- accession: 0001193125-25-283328
- form_type: 8-K
- ticker: CNVS
- cik: 0001173204
- company_name: Cineverse Corp.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173204/000119312525283328/0001193125-25-283328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173204/000119312525283328/cnvs-20251114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-283328
- JSON: https://secwatch.observer/filing/0001193125-25-283328.json
- Plain text: https://secwatch.observer/filing/0001193125-25-283328.txt

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