{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-043974","form_type":"8-K","ticker":null,"cik":"0001898474","company_name":"Signing Day Sports, Inc.","filed_at":"2024-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.133193+00:00","generated_at":"2026-06-01T21:47:11.842726+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Signing Day Sports Q1 revenue up 334% YoY to $235k; net loss widens to $2.5M","bullets":["Revenue of $235k (+334% YoY from $54k); paid monthly subscriptions up >200% YoY.","Net loss of $2.5M ($0.16 loss per share) vs $865k loss ($0.12 loss per share) in Q1 2023.","Operating expenses rose to $2.1M from $727k, partly due to one-time costs for app expansion.","Conversion rate from free trials to paid subscriptions exceeds 40%.","In-house engineering team hired; app expansion to more sports planned for Q2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-043974","json":"https://secwatch.observer/filing/0001213900-24-043974.json","markdown":"https://secwatch.observer/filing/0001213900-24-043974.md","text":"https://secwatch.observer/filing/0001213900-24-043974.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898474/000121390024043974/0001213900-24-043974-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898474/000121390024043974/ea0206321-8k_signing.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T21:47:11.842726+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":"ec7ad896d954d09adfa4395114780c263cec47a2","claim":"Signing Day Sports, Inc. reported first quarter ended March 31, 2024 results: revenue $235,000, net income $2.5 million, EPS ($0.16).","evidence_excerpt":"Financial results for the three months ended March 31, 2024 ● Revenue totaled approximately $235,000 for the quarter ended March 31, 2024, an increase of 334%, compared to approximately $54,000 for the three months ended March 31, 2023. ● Cost of revenues sold totaled approximately $69,000 for the three months ended March 31, 2024, compared to approximately $16,000 for the three months ended March 31, 2023. ● Advertising and marketing and general and administrative expenses were approximately $2.1 million for the three months ended March 31, 2024, compared to approximately $727,000 for the three months ended March 31, 2023. ● Net loss was approximately $2.5 million, or ($0.16) per share, for the three months ended March 31, 2024, compared to a net loss of approximately $8 65,000, or ($0.12) per share, for the three months ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898474/000121390024043974/0001213900-24-043974-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$235,000"},{"label":"Net income","value":"$2.5 million"},{"label":"EPS","value":"($0.16)"},{"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"}