{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-029820","form_type":"8-K","ticker":null,"cik":"0001725872","company_name":"BM Technologies, Inc.","filed_at":"2024-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.759889+00:00","generated_at":"2026-06-04T02:53:16.453078+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BM Technologies reports Q4/FY 2023 revenue $55.3M, net loss $17.3M; expects positive Core EBITDA in 2024","bullets":["Full year 2023 GAAP operating revenue $55.3M, down 34% YoY from $83.6M; net loss $17.3M ($1.50/diluted share).","Q4 2023 net loss $4.0M ($0.34/diluted); Core EBITDA loss improved sequentially to -$0.8M from -$1.9M in Q4 2022.","Transfer of Higher Education deposits to FCB in Dec 2023 expected to increase annualized interchange revenue by $4.4M.","Profit Enhancement Plan reduced Core Operating Expenses by $9.5M in 2023; additional savings expected in 2024.","Company expects return to positive Core EBITDA in 2024 driven by higher revenues and cost controls."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-029820","json":"https://secwatch.observer/filing/0001213900-24-029820.json","markdown":"https://secwatch.observer/filing/0001213900-24-029820.md","text":"https://secwatch.observer/filing/0001213900-24-029820.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1725872/000121390024029820/0001213900-24-029820-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1725872/000121390024029820/ea0203261-8k_bmtech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T02:53:16.453078+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":"9f826a9eb03bb7204b2f0701bb246df5e7c26fde","claim":"BM Technologies, Inc. reported three and twelve months ended December 31, 2023 results: revenue $14.9 million and $55.3 million, net income net loss totaled $(4.0) million, or $(0.34) per diluted share. Net loss for the twelve months ended December 31, 2023 to, EPS $(0.34) per diluted share.","evidence_excerpt":"PRESS RELEASE DATED APRIL 3, 2024 Exhibit 99.1 BM Technologies, Inc. BM Technologies Reports Fourth Quarter & Full Year 2023 Results Full year 2023 Revenue $55.3 Million Transfer of Higher Education Deposits to First Carolina Bank ( “ FCB ” ) in December Increased Annualized Interchange Fees by 20 Basis Points Radnor, PA, April 03, 2024 — BM","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1725872/000121390024029820/0001213900-24-029820-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and twelve months ended December 31, 2023"},{"label":"Revenue","value":"$14.9 million and $55.3 million"},{"label":"Net income","value":"net loss totaled $(4.0) million, or $(0.34) per diluted share. Net loss for the twelve months ended December 31, 2023 to"},{"label":"EPS","value":"$(0.34) per diluted 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"}