secwatch.observer — SEC 8-K summary
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Issuer:     SpringBig Holdings, Inc. (SBIG)
CIK:        0001801602
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0001213900-25-110408
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SpringBig reports Q3 net income $0.2M, revenue $5.9M, 3rd consecutive positive Adj. EBITDA
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- Net income $219K (incl. one-time accrual reversal) vs loss $1.1M in Q2; operating income $0.6M vs loss $0.7M.
- Revenue $5.9M flat vs Q2, down from $6.1M in Q3 2024; gross margin 71%.
- Adjusted EBITDA positive for 3rd consecutive quarter; cash $1.5M; cash from ops $381K YTD.
- ViceCRM acquisition fully integrated; new lease reduces rent 75%; AI campaign optimization tools deployed.
- Board adds Larry Ellis; expects full-year positive Adj. EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801602/000121390025110408/0001213900-25-110408-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801602/000121390025110408/ea0265765-8k_spring.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-110408

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