---
schema_version: "secwatch.filing_event.v1"
accession: "0001368365-24-000058"
form_type: "8-K"
ticker: null
cik: "0001368365"
company_name: "REMARK HOLDINGS, INC."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T22:51:02.789215+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Remark Holdings FY2023 revenue falls 62% to $4.4M; net loss narrows to $29.1M

## Summary
- Revenue $4.4M, down from $11.7M; China revenue fell to $4.1M due to sluggish recovery and US-China tensions.
- Operating loss improved to $17.2M from $21.3M; net loss $29.1M ($1.74/share) vs $55.5M ($5.22) prior year.
- Cash at year-end only $0.1M; net cash used in operating activities was $10.5M.
- Won $6M Rio de Janeiro police contract; joined NVIDIA Metropolis; started Saudi Arabia construction proof of concept.
- Reduced China staffing; expects growth from Microsoft partnership and US school district expansion.

## SEC filing metadata
- accession: 0001368365-24-000058
- form_type: 8-K
- cik: 0001368365
- company_name: REMARK HOLDINGS, INC.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368365/000136836524000058/0001368365-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368365/000136836524000058/mark-20240415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001368365-24-000058
- JSON: https://secwatch.observer/filing/0001368365-24-000058.json
- Plain text: https://secwatch.observer/filing/0001368365-24-000058.txt

## Key facts
- Earnings Releases
  REMARK HOLDINGS, INC. reported fiscal year ended December 31, 2023 results: revenue $4.4 million, net income $29.1 million, EPS $1.74 per diluted share.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $4.4 million
  - Net income: $29.1 million
  - EPS: $1.74 per diluted share
  - Result: reported results
  source text: Revenue for fiscal year 2023 totaled $4.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368365/000136836524000058/0001368365-24-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.