secwatch.observer — SEC 8-K summary
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Issuer:     Fluent, Inc. (FLNT)
CIK:        0001460329
Form:       8-K/A
Filed at:   2023-08-21T23:59:59+00:00
Accession:  0001437749-23-024317
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluent amends Q2 2023 earnings to correct debt and insurance classifications, net income now $4.3M
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- Correction reclassifies $5M debt prepayment from non-current to current liability on June 30, 2023 balance sheet.
- $4M insurance proceeds reclassified as current asset with offsetting contra-expense to G&A, reducing expenses.
- Additional income tax expense of $0.9M recorded; net income increased by approx. $3.1M.
- Corrected Q2 2023 net income is $4.3M; six-month net loss restated to $27.7M.
- Goodwill impairment of $25.7M for six months remains unchanged in corrected statements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1460329/000143774923024317/0001437749-23-024317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1460329/000143774923024317/flnt20230820_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-024317

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