{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-007902","form_type":"8-K","ticker":"AREN","cik":"0000894871","company_name":"Arena Group Holdings, Inc.","filed_at":"2023-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.452554+00:00","generated_at":"2026-06-18T01:27:52.290697+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Arena Group FY2022 revenue $220.9M (+16.8% YoY); digital ad revenue up 74%","bullets":["Full year revenue of $220.9M, up 16.8% from $189.1M in 2021; Q4 revenue $61.7M, up 0.8%.","Digital advertising revenue rose 73.9% to $109.3M for 2022; Q4 digital ad revenue $34.5M (+46.9%).","Net loss improved to $70.9M from $89.9M; Q4 net loss $13.7M vs $19.1M prior year.","Adjusted EBITDA turned positive to $3.1M for FY2022 vs ($12.1M) in 2021; Q4 Adj. EBITDA $5.4M.","Operating expenses fell $19M to $143.9M in FY2022; Q4 opex down 30% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-007902","json":"https://secwatch.observer/filing/0001493152-23-007902.json","markdown":"https://secwatch.observer/filing/0001493152-23-007902.md","text":"https://secwatch.observer/filing/0001493152-23-007902.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894871/000149315223007902/0001493152-23-007902-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894871/000149315223007902/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T01:27:52.290697+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":"47c810cbbd6ad878a7539d56b2fc5d73a08cbc70","claim":"Arena Group Holdings, Inc. reported the three months and twelve months ended December 31, 2022 results: revenue $221 million, net income $70.9 million.","evidence_excerpt":"The Company reported significant improvements in both top- and bottom-line results in 2022, driving record revenues of more than $221 million, while reducing operating expenses by nearly $20 million over that time.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894871/000149315223007902/0001493152-23-007902-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months and twelve months ended December 31, 2022"},{"label":"Revenue","value":"$221 million"},{"label":"Net income","value":"$70.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"857dd19643cb6be48cf1f9e8b7a082d71dc40679","claim":"Arena Group Holdings, Inc. reported the fourth quarter and year ended December 31, 2022 results: revenue $61.7 million.","evidence_excerpt":"$221 million, while reducing operating expenses by nearly $20 million over that time. In the fourth quarter of 2022, the Company reported revenue from continuing operations of $61.7 million while reducing operating expenses by more than 30%. These results were driven by significant gains in digital advertising and licensing and syndication, and new lines of revenue","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894871/000149315223007902/0001493152-23-007902-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2022"},{"label":"Revenue","value":"$61.7 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"}