{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-031994","form_type":"8-K","ticker":"FLNT","cik":"0001460329","company_name":"Fluent, Inc.","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.131233+00:00","generated_at":"2026-06-08T03:23:34.297173+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Fluent reports Q3 2023 revenue down 26% YoY, net loss of $33.6M, adjusted EBITDA negative","bullets":["Revenue $66.2M vs $89.0M in Q3 2022, a 26% decline; net loss $33.6M ($0.41/sh) vs net income $3.1M.","Gross profit (ex D&A) of $16.1M, down 32% YoY; media margin $19.3M, down 31%.","Adjusted EBITDA negative $1.7M vs positive $5.9M in Q3 2022; adjusted net loss $4.1M ($0.05/sh).","CEO cites post-FTC settlement transition and focus on rebuilding core; goodwill impairment drives net loss.","YTD 2023 revenue $225.6M (-18% YoY); adjusted EBITDA positive $4.3M vs $20.1M prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-031994","json":"https://secwatch.observer/filing/0001437749-23-031994.json","markdown":"https://secwatch.observer/filing/0001437749-23-031994.md","text":"https://secwatch.observer/filing/0001437749-23-031994.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1460329/000143774923031994/0001437749-23-031994-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1460329/000143774923031994/flnt20230906_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T03:23:34.297173+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":"ea21399e1ecfc541e32ea10a2e915ba7e5101e93","claim":"Fluent, Inc. reported third quarter ended September 30, 2023 results: revenue Revenue of $66.2 million, net income Net loss of $33.6 million, EPS net loss of $33.6 million, or $0.41 per share.","evidence_excerpt":"Fluent Announces Third Quarter 2023 Financial Results • Revenue of $66.2 million for Q3 2023 and $225.6 million for YTD 2023 • Gross profit (exclusive of depreciation and amortization) of $16.1 million for Q3 2023 and $57.7 million for YTD 2023 • Net loss of $33.6 million for Q3 2023 and $61.3 million for YTD 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1460329/000143774923031994/0001437749-23-031994-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"Revenue of $66.2 million"},{"label":"Net income","value":"Net loss of $33.6 million"},{"label":"EPS","value":"net loss of $33.6 million, or $0.41 per share"},{"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"}