{"schema_version":"secwatch.filing_event.v1","accession":"0001286139-23-000005","form_type":"8-K","ticker":"LZ","cik":"0001286139","company_name":"LEGALZOOM.COM, INC.","filed_at":"2023-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.227904+00:00","generated_at":"2026-06-19T07:51:16.269280+00:00","sec_items":["4.02","7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"LegalZoom restates Q1 2022 financials due to tax error; net loss reduced by $4.9M","bullets":["Restatement of Q1 2022 unaudited financials after tax provision error under Section 162(m).","Net loss for Q1 2022 overstated by $3.9M; correction reduces net loss by $4.9M total.","Error understated deferred tax assets; no impact on reported cash flows or cash position.","Immaterial revisions also to be made for Q2 and Q3 2022 income tax provisions.","Company to include restated Q1 2022 and revised Q2/Q3 2022 in its 2022 Form 10-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001286139-23-000005","json":"https://secwatch.observer/filing/0001286139-23-000005.json","markdown":"https://secwatch.observer/filing/0001286139-23-000005.md","text":"https://secwatch.observer/filing/0001286139-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000005/0001286139-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000005/lz-20230216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T07:51:16.269280+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":[{"claim_id":"ec398f9ddb6c556e9a1018d4312e6561d8684564","claim":"LEGALZOOM.COM, INC. reported that prior financial statements should not be relied upon.","evidence_excerpt":"As a result, the quarterly financial statements included in the Q1 2022 Form 10-Q require restatement and should no longer be relied upon. In addition, any previously issued or filed earnings releases, investor presentations or other communications describing the Company’s quarterly financial statements and other related financial information covering Q1 2022 should no longer be relied upon. The impact of the restatement and the other immaterial revisions described below will reduce net loss by $4.9 million for Q1 2022. The restatement of the quarterly financial statements does not impact the Company’s reported cash flows or its cash position. In addition, the error also had the impact of understating the income tax benefit for the three months ended June 30, 2022 (“Q2 2022”) and overstating the income tax benefit for the three months ended September 30, 2022 (“Q3 2022”). However, manage","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286139/000128613923000005/0001286139-23-000005-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}