{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-106084","form_type":"8-K","ticker":"PRPL","cik":"0001643953","company_name":"Purple Innovation, Inc.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.027059+00:00","generated_at":"2026-05-17T00:38:41.535398+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Purple Q3 net loss narrows to $11.7M; posts positive adjusted EBITDA; reaffirms FY guidance","bullets":["Q3 revenue $118.8M, flat YoY; gross margin expanded to 42.8% from 29.7%.","Net loss improved to $11.7M from $39.2M; adjusted EBITDA turned positive at $0.2M vs -$6.4M.","Adjusted gross margin 42.8% (+230 bps YoY); operating expenses down 23.2% to $63.0M.","Maintains FY 2025 guidance: revenue $465-485M, adjusted EBITDA breakeven to $10M.","Cash and equivalents $32.4M, up from $29.0M at Dec 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-106084","json":"https://secwatch.observer/filing/0001213900-25-106084.json","markdown":"https://secwatch.observer/filing/0001213900-25-106084.md","text":"https://secwatch.observer/filing/0001213900-25-106084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643953/000121390025106084/0001213900-25-106084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643953/000121390025106084/ea0263021-8k_purple.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:38:41.535398+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}