{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-005812","form_type":"8-K","ticker":"PRPL","cik":"0001643953","company_name":"Purple Innovation, Inc.","filed_at":"2023-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.974174+00:00","generated_at":"2026-06-20T06:38:38.138226+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Purple announces preliminary FY2022 net sales $574M; net loss $(83.7-97.5M) with large DTA charge","bullets":["Net sales of approx. $574M at low end of guidance range ($570M-$590M).","Net loss expected between $83.7M and $97.5M; adjusted EBITDA at low end of $2M-$7M guidance.","Additional deferred tax asset valuation allowance of $213M-$227M, partially offset by $162M reversal of Tax Receivable Agreement liability.","Net non-cash expense of $51M-$65M from DTA and TRA adjustments.","New premium mattress lineup launched at Las Vegas Market; expects year-over-year growth starting H2 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-005812","json":"https://secwatch.observer/filing/0001213900-23-005812.json","markdown":"https://secwatch.observer/filing/0001213900-23-005812.md","text":"https://secwatch.observer/filing/0001213900-23-005812.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643953/000121390023005812/0001213900-23-005812-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643953/000121390023005812/ea172286-8k_purpleinnov.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T06:38:38.138226+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":"78a435c469e8d2bd2ffeeb8273fed65623779267","claim":"Purple Innovation, Inc. reported the fiscal year ended December 31, 2022 results: revenue approximately $574 million, net income $(97.5) million and ($83.7) million.","evidence_excerpt":"For the year ended December 31, 2022, the Company expects to report: ● Net sales of approximately $574 million compared to guidance of $570 million to $590 million. ● Net loss between $(97.5) million and ($83.7) million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643953/000121390023005812/0001213900-23-005812-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"approximately $574 million"},{"label":"Net income","value":"$(97.5) million and ($83.7) million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}