secwatch.observer — SEC 8-K summary
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Issuer:     Fluent, Inc. (FLNT)
CIK:        0001460329
Form:       8-K
Filed at:   2026-05-13T20:18:10+00:00
Accession:  0001437749-26-016736
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluent Q1 revenue down 19% to $44.9M; Commerce Media revenue up 104% to $25.9M
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- Net loss narrowed to $5.4M ($0.17 loss per share) from $8.3M ($0.39) in Q1 2025.
- Commerce Media Solutions revenue $25.9M (+104% YoY); now 58% of total revenue; annual run rate >$110M.
- Owned & Operated revenue fell 50% to $15.7M as focus shifts to Commerce Media Solutions.
- Adjusted EBITDA loss of $3.6M (8% of revenue) versus $3.1M loss in Q1 2025.
- Management expects full-year double-digit revenue growth on continuing businesses and adjusted EBITDA improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1460329/000143774926016736/0001437749-26-016736-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1460329/000143774926016736/flnt20260120_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-016736

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer