{"schema_version":"secwatch.filing_event.v1","accession":"0001454938-23-000061","form_type":"8-K","ticker":"TEAD","cik":"0001454938","company_name":"Teads Holding Co.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.923982+00:00","generated_at":"2026-06-15T08:47:05.568367+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":"Outbrain Q1 revenue $231.8M (-9% YoY); Ex-TAC GP $52.2M (-18%); net loss $5.6M","bullets":["Revenue $231.8M, down 9% YoY; Ex-TAC gross profit $52.2M, down 18%.","Net loss $5.6M vs $1.9M loss prior year; adjusted EBITDA $0.7M vs $11.6M.","Repurchased $118M convertible notes at ~19% discount for ~$96.2M in April 2023.","Bought back 1.31M shares for $6.1M in Q1; $23.9M remaining buyback authority.","Cash & investments $317.7M as of March 31, 2023; $236M convertible notes outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001454938-23-000061","json":"https://secwatch.observer/filing/0001454938-23-000061.json","markdown":"https://secwatch.observer/filing/0001454938-23-000061.md","text":"https://secwatch.observer/filing/0001454938-23-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1454938/000145493823000061/0001454938-23-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1454938/000145493823000061/outbrain-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:47:05.568367+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":"963f174bbbd9ab3aad7c19f66ae2ecb53ec312bb","claim":"Teads Holding Co. reported the quarter ended March 31, 2023 results: revenue $231.8 million, net income Net loss of $5.6 million.","evidence_excerpt":"(0.1) NM Free cash flow (27.1) (8.9) NM _____________________________ * See non-GAAP reconciliations below NM Not meaningful First Quarter 2023 Highlights: • Revenue of $231.8 million, a decrease of $22.4 million, or 9%, compared to $254.2 million in the prior year period. Revenue decreased 7% on a constant currency basis, excluding net unfavorable foreign","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493823000061/0001454938-23-000061-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$231.8 million"},{"label":"Net income","value":"Net loss of $5.6 million"},{"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"}