{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-107410","form_type":"8-K","ticker":"BTM","cik":"0001901799","company_name":"Bitcoin Depot Inc.","filed_at":"2026-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.723913+00:00","generated_at":"2026-05-15T11:57:32.977288+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bitcoin Depot FY2025 rev $615M (+7% YoY), net income $5.1M; Q4 revenue down 15% YoY; acquires Kutt","bullets":["Full year 2025 revenue $614.9M, +7% YoY; net income $5.1M vs $7.8M in 2024; adjusted EBITDA $56.4M, +42% YoY.","Q4 2025 revenue $116.0M, down from $136.8M Q4 2024; gross profit margin 13.2% vs 17.2%.","Adjusted gross profit Q4 was $17.3M vs $25.4M a year ago; adjusted gross margin 14.9% vs 18.6%.","CEO cites state regulations (transaction size caps) and compliance enhancements as Q4 headwinds.","Post-year-end acquisition of Kutt, a peer-to-peer social betting platform, for undisclosed amount."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-107410","json":"https://secwatch.observer/filing/0001193125-26-107410.json","markdown":"https://secwatch.observer/filing/0001193125-26-107410.md","text":"https://secwatch.observer/filing/0001193125-26-107410.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901799/000119312526107410/0001193125-26-107410-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901799/000119312526107410/btm-20260316.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T11:57:32.977288+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":[{"claim_id":"f45503c91a33e5f6704cb136bbd5fee891fa038b","claim":"Bitcoin Depot Inc. reported financial results for fourth quarter and full year ended December 31, 2025.","evidence_excerpt":"On May 16, 2026, Bitcoin Depot Inc. (the “Company”) issued a press release announcing its financial and operational results for the quarter ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901799/000119312526107410/0001193125-26-107410-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2025"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}