{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-008879","form_type":"8-K","ticker":"MSGM","cik":"0001821175","company_name":"Motorsport Games Inc.","filed_at":"2023-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.789931+00:00","generated_at":"2026-06-17T17:02:10.852001+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Motorsport Games reports 2022 revenue down 31.5%; warns cash insufficient to fund 2023 ops","bullets":["Revenue for FY2022 $10.3M, down 31.5% YoY; Q4 revenue $3.8M, down 54% YoY.","Net loss FY2022 $36.8M ($30.73/share) vs $33.7M in 2021; Adj EBITDA loss $21.2M vs $17.4M.","Cash and equivalents $6.5M as of March 22, 2023; company says insufficient to fund 2023 operations.","Esports segment revenue up 46.1% YoY to $1.2M; restructuring savings target $4M annualized by end 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-008879","json":"https://secwatch.observer/filing/0001493152-23-008879.json","markdown":"https://secwatch.observer/filing/0001493152-23-008879.md","text":"https://secwatch.observer/filing/0001493152-23-008879.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821175/000149315223008879/0001493152-23-008879-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821175/000149315223008879/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T17:02:10.852001+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":"6deccb2b9b6fcecdd7af38da70154510b2efb447","claim":"Motorsport Games Inc. reported the twelve months ended December 31, 2022 results: revenue $10.3 million, net income $36.8 million, EPS $30.73 per share.","evidence_excerpt":"Revenue for the full year 2022 was $10.3 million compared to $15.1 million for the same period in the prior year, a reduction of $4.8 million, or 31.5%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821175/000149315223008879/0001493152-23-008879-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2022"},{"label":"Revenue","value":"$10.3 million"},{"label":"Net income","value":"$36.8 million"},{"label":"EPS","value":"$30.73 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d528645d64d89fb0fe30f5d2f8aaa44110afe884","claim":"Motorsport Games Inc. reported the three months ended December 31, 2022 results: revenue $3.8 million, net income $4.8 million, EPS $4.17 per share.","evidence_excerpt":"Revenue for the fourth quarter of 2022 was $3.8 million compared to $8.2 million for the same period in the prior year, a reduction of $4.4 million, or 54%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821175/000149315223008879/0001493152-23-008879-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2022"},{"label":"Revenue","value":"$3.8 million"},{"label":"Net income","value":"$4.8 million"},{"label":"EPS","value":"$4.17 per share"},{"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"}