secwatch.observer — SEC 8-K summary
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Issuer:     SpringBig Holdings, Inc. (SBIG)
CIK:        0001801602
Form:       8-K
Filed at:   2026-05-14T22:01:57+00:00
Accession:  0001213900-26-056896
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SpringBig Q1 revenue $5.4M, positive Adj. EBITDA $0.1M, net loss narrows 34% YoY
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- Revenue $5.4M vs $5.5M; subscription revenue $4.8M (88% of total) consistent YoY.
- Net loss $(0.5)M vs $(0.8)M, narrowing 34%; loss from operations $(0.1)M.
- Adjusted EBITDA positive $0.1M; total operating expenses down 21% YoY.
- Messages distributed 147M, up 11% YoY; non-cannabis revenue up >200% from Q4 2025.
- Net revenue retention 86% consistent; gross profit $3.6M impacted by one-time vendor costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801602/000121390026056896/0001213900-26-056896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801602/000121390026056896/ea0290886-8k_springbig.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-056896

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