{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-007362","form_type":"8-K","ticker":"FLNT","cik":"0001460329","company_name":"Fluent, Inc.","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.118553+00:00","generated_at":"2026-05-15T17:37:34.168634+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 Q4 2025 revenue down 5.5% to $61.8M; Commerce Media revenue up 101% to $34.7M, 56% of total","bullets":["Q4 net loss $4.1M ($0.13/sh) vs $3.4M ($0.19/sh) in Q4 2024; full-year net loss $27.2M ($1.05/sh).","Q4 adjusted EBITDA positive $0.2M, an improvement of $1.9M YoY; full-year adjusted EBITDA -$9.0M.","Commerce Media Solutions Q4 revenue $34.7M (33% gross margin); annual run rate now >$105M.","Full-year 2025 revenue $208.8M (-18% YoY); Owned & Operated revenue fell 44% to $94.5M.","Expects double-digit consolidated revenue growth and improved adjusted EBITDA in FY 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-007362","json":"https://secwatch.observer/filing/0001437749-26-007362.json","markdown":"https://secwatch.observer/filing/0001437749-26-007362.md","text":"https://secwatch.observer/filing/0001437749-26-007362.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1460329/000143774926007362/0001437749-26-007362-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1460329/000143774926007362/flnt20260309_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T17:37:34.168634+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}