{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-016162","form_type":"8-K","ticker":"AREN","cik":"0000894871","company_name":"Arena Group Holdings, Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.699070+00:00","generated_at":"2026-06-15T07:38:14.517357+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Arena Group Q1 revenue up 7% to $51.4M, net loss widens to $19.4M, cash burn improves","bullets":["Revenue $51.4M (up 7% YoY), digital ad revenue $23.5M (+9% YoY).","Net loss $19.4M (wider by $1.0M vs $18.4M in Q1 2022).","Adjusted EBITDA loss $4.5M vs loss $1.1M; includes $15.3M in non-cash charges.","Cash used in operations improved to $1.7M from $13.3M, an $11.6M reduction.","Full-year 2023 guidance reaffirmed; acquired Fexy Studios in January 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-016162","json":"https://secwatch.observer/filing/0001493152-23-016162.json","markdown":"https://secwatch.observer/filing/0001493152-23-016162.md","text":"https://secwatch.observer/filing/0001493152-23-016162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894871/000149315223016162/0001493152-23-016162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894871/000149315223016162/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:38:14.517357+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":"b64f6ef40ee20ed8ce5b27535f0863286b96156a","claim":"Arena Group Holdings, Inc. updated its the three months ended March 31, 2023 guidance (reaffirmed).","evidence_excerpt":"On May 10, 2023, The Arena Group Holdings, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894871/000149315223016162/0001493152-23-016162-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Guidance","value":"reaffirmed"},{"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"}