{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-017209","form_type":"8-K","ticker":"BWMG","cik":"0001166708","company_name":"Brownie's Marine Group, Inc","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.104689+00:00","generated_at":"2026-06-15T00:40:33.566096+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Brownie's Marine Q1 revenue down 17% YoY; net loss narrows but adjusted loss widens","bullets":["Total net revenues $1.64M, down 17% YoY; net loss $327.9k vs $444.1k loss in Q1-2022.","Blu3 tankless dive systems revenue fell 40% to $476.9k due to recall repairs and shipping delays.","Submersible Systems revenue up 22% to $393k on HEED3 model momentum; Brownie's Third Lung down 22%.","Operating expenses reduced 34.3% YoY; adjusted net loss $193k vs $86.5k loss in prior year.","CEO expects improved Q2 with full product line available for summer season after 2-year hiatus."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-017209","json":"https://secwatch.observer/filing/0001493152-23-017209.json","markdown":"https://secwatch.observer/filing/0001493152-23-017209.md","text":"https://secwatch.observer/filing/0001493152-23-017209.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1166708/000149315223017209/0001493152-23-017209-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1166708/000149315223017209/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:40:33.566096+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"}