{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-072472","form_type":"8-K","ticker":"CNVS","cik":"0001173204","company_name":"Cineverse Corp.","filed_at":"2022-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.815370+00:00","generated_at":"2026-06-21T18:06:25.719410+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cinedigm Q2 revenue up 39% to $14M; streaming revenue up 78%; net loss widens to $5.8M","bullets":["Total streaming revenue $8.0M (+78% YoY); ad-supported revenue up 102%, subscription revenue up 38%.","Consolidated revenue $14.0M (+38.6% YoY); net loss $5.8M ($0.03 loss per share) vs $0.3M loss prior year.","Adjusted EBITDA negative $1.3M vs positive $0.7M in prior year quarter due to legacy business decline and higher costs.","Paid subscribers reached 1.06M (+48% YoY); total streaming minutes 2.17B (+78%).","Company reiterates long-term targets: 50% annual streaming revenue growth, $150M revenue, 100M monthly viewers."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-072472","json":"https://secwatch.observer/filing/0001213900-22-072472.json","markdown":"https://secwatch.observer/filing/0001213900-22-072472.md","text":"https://secwatch.observer/filing/0001213900-22-072472.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173204/000121390022072472/0001213900-22-072472-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173204/000121390022072472/ea168552-8k_cinedigm.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T18:06:25.719410+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":"1d1263d27128a22392850a5ed58e03c470b31e04","claim":"Cineverse Corp. reported the three months ended September 30, 2022 results: revenue $14.0 million, net income Net loss of $5.8 million, EPS $(0.03) per share.","evidence_excerpt":"● Consolidated revenue was $14.0 million, up 38.6% compared to $10.1 million in the prior year quarter. ● Adjusted EBITDA was negative $1.3 million in the current year quarter, compared to positive Adjusted EBITDA of $0.7 million in the prior year quarter, due to a decrease in legacy Digital Cinema system sales and eligible VPF systems as that business winds down, as well as higher direct and SG&A costs immediately following Q1 acquisition activity. ● Net loss of $5.8 million, or $(0.03) per share, compared to net loss of $0.3 million or $0.00 per share in the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1173204/000121390022072472/0001213900-22-072472-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"$14.0 million"},{"label":"Net income","value":"Net loss of $5.8 million"},{"label":"EPS","value":"$(0.03) per share"},{"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"}