{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-090736","form_type":"8-K","ticker":"MEHA","cik":"0001837254","company_name":"Functional Brands Inc.","filed_at":"2026-08-17T20:01:16+00:00","discovered_at":"2026-08-17T20:02:02.319443+00:00","generated_at":"2026-08-17T20:02:16.827328+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Functional Brands Q2 net loss widens to $2.6M; going concern doubt, BullionFX deal terminated","bullets":["Revenue $1.87M (+2% YoY); gross margin 59.9% (+710bps) on higher-margin channels.","Net loss $2.6M vs $0.2M loss; operating loss $1.3M vs $0.16M on higher G&A.","BullionFX terminated LOI for blockchain IP acquisition on June 29, 2026.","Stock delisted from Nasdaq; now trades on OTC Markets under MEHA.","Going concern: cash $352K, working capital deficit $2.9M, accumulated deficit $16.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-090736","json":"https://secwatch.observer/filing/0001213900-26-090736.json","markdown":"https://secwatch.observer/filing/0001213900-26-090736.md","text":"https://secwatch.observer/filing/0001213900-26-090736.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837254/000121390026090736/0001213900-26-090736-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837254/000121390026090736/ea0302335-8k_function.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-17T20:02:16.827328+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"}