{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-030647","form_type":"8-K","ticker":"KFS","cik":"0001072627","company_name":"KINGSWAY FINANCIAL SERVICES INC","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.131316+00:00","generated_at":"2026-06-08T13:17:04.914041+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kingsway Q3 net loss $0.68/share; revenue up 11% to $24.8M; adjusted EBITDA down to $2.3M","bullets":["Consolidated revenue up 11% to $24.8M; KSX revenue surged 97% to $7.5M on recent acquisitions.","Net loss of $0.68 per share vs net income of $37.3M in Q3 2022 (included $37.9M gain on sale of PWSC).","Adjusted EBITDA fell to $2.3M from $3.6M; Extended Warranty profitability impacted by higher claims.","Closed two all-cash acquisitions (SPI for $2.8M, DDI for $11.0M) and announced NICR deal for $7.9M.","Warrants fully exercised; repurchased 1.09M warrants and 0.25M shares for $5.9M YTD through Oct 31."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-030647","json":"https://secwatch.observer/filing/0001437749-23-030647.json","markdown":"https://secwatch.observer/filing/0001437749-23-030647.md","text":"https://secwatch.observer/filing/0001437749-23-030647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1072627/000143774923030647/0001437749-23-030647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1072627/000143774923030647/kfs20230822_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T13:17:04.914041+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":"1e2c319afb4176e2edecc1b1a64f072f2bcc9009","claim":"KINGSWAY FINANCIAL SERVICES INC reported three and nine months ended September 30, 2023 results: revenue $24.8 million, EPS $0.68.","evidence_excerpt":"Consolidated revenue increased 11% to $24.8 million for the three months ended September 30, 2023, compared to $22.4 million in prior year period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1072627/000143774923030647/0001437749-23-030647-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"label":"Revenue","value":"$24.8 million"},{"label":"EPS","value":"$0.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}