{"schema_version":"secwatch.filing_event.v1","accession":"0001454938-26-000074","form_type":"8-K","ticker":"TEAD","cik":"0001454938","company_name":"Teads Holding Co.","filed_at":"2026-11-05T12:37:39+00:00","discovered_at":"2026-11-05T12:40:00.326004+00:00","generated_at":"2026-11-05T12:40:22.389419+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Teads Q3 revenue -26% to $235.1M; $325.5M net loss on $272.4M impairment; Coyle named CFO","bullets":["Revenue $235.1M, down 26% YoY from $318.8M; gross profit $60.9M (-42%), gross margin 25.9% vs 33.2%.","Net loss $325.5M vs $19.7M prior-year loss, including $272.4M non-cash goodwill impairment and $6.4M publisher agreement impairment.","Adjusted EBITDA -$8.1M vs $19.2M a year ago; adjusted net loss $46.7M vs $13.6M; cash $90.3M against $657.2M total debt, including $628.2M of 10.000% notes due 2030.","CTV revenue grew 37% YoY, now 12% of Q3 revenue and ~20% of Enterprise; YTD CTV revenue nearly $100M. Full-year 2026 Adjusted EBITDA guidance remains suspended.","Michael Coyle named CFO effective Nov 11, 2026, succeeding Jason Kiviat after 13 years; Kiviat moves to advisory role. Coyle gets $500K salary, $400K target bonus, 300,000 RSUs."],"urls":{"canonical":"https://secwatch.observer/filing/0001454938-26-000074","json":"https://secwatch.observer/filing/0001454938-26-000074.json","markdown":"https://secwatch.observer/filing/0001454938-26-000074.md","text":"https://secwatch.observer/filing/0001454938-26-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1454938/000145493826000074/0001454938-26-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1454938/000145493826000074/tead-20261105.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-05T12:40:22.389419+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"}