secwatch.observer — SEC 8-K summary
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Issuer:     SpringBig Holdings, Inc. (SBIG)
CIK:        0001801602
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001213900-25-076125
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SpringBig Q2 2025: revenue $5.8M, adjusted EBITDA positive, net loss $(1.1)M
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- Revenue $5.8M (down 9% YoY from $6.4M, up 6% QoQ); subscription revenue $4.9M (84% of total).
- Net loss $(1.1)M vs $(0.6)M prior year; basic EPS $(0.02) on 46.8M shares.
- Adjusted EBITDA positive $0.3M (flat YoY); H1 2025 adjusted EBITDA $0.6M vs $0.5M prior.
- Cash from operations $0.2M, improvement of $2.1M YoY; lease renegotiation cut future obligation by $3.2M.
- Operating expenses up 7% YoY to $5.1M; excluding one-time charges, down 12% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801602/000121390025076125/0001213900-25-076125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801602/000121390025076125/ea0253261-8k_spring.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-076125

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer