{"schema_version":"secwatch.filing_event.v1","accession":"0001476840-23-000070","form_type":"8-K","ticker":"EXFY","cik":"0001476840","company_name":"Expensify, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.984028+00:00","generated_at":"2026-06-15T08:49:22.005111+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Expensify Q1 revenue down 1% to $40.1M; free cash flow $10.2M","bullets":["Revenue $40.1M (-1% YoY); net loss $5.9M vs $7.4M loss prior year.","Free cash flow $10.2M, operating cash flow $7.6M; adjusted EBITDA $8.7M.","Paid members 747k (+6% YoY); Expensify Card interchange $2.3M (+85%).","Plans $3.0M share repurchases starting May 10 and $8.0M to reduce debt.","CEO cites lower average activity per customer; card cashback hurts revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001476840-23-000070","json":"https://secwatch.observer/filing/0001476840-23-000070.json","markdown":"https://secwatch.observer/filing/0001476840-23-000070.md","text":"https://secwatch.observer/filing/0001476840-23-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1476840/000147684023000070/0001476840-23-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1476840/000147684023000070/exfy-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:49:22.005111+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":"5fc770c70abc4edff56251d154fea1984a9b7a1f","claim":"Expensify, Inc. reported the quarter ended March 31, 2023 results: revenue $40.1 million, net income Net loss was $5.9 million.","evidence_excerpt":"• Revenue was $40.1 million, a decrease of 1% compared to the same period last year. • Generated $7.6 million cash provided by operating activities and $10.2 million of free cash flow. • Net loss was $5.9 million, compared to $7.4 million for the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1476840/000147684023000070/0001476840-23-000070-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$40.1 million"},{"label":"Net income","value":"Net loss was $5.9 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"}