{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-017449","form_type":"8-K","ticker":"KUST","cik":"0001342958","company_name":"KUSTOM ENTERTAINMENT, INC.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.514303+00:00","generated_at":"2026-06-15T00:47:46.493221+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Digital Ally Q1 revenue $7.7M, down 25% YoY; net loss $6.1M ($2.22/share)","bullets":["Revenue $7.70M, down 25% from $10.29M; operating loss $6.17M vs $6.80M.","Net loss $6.11M ($2.22/share) vs $6.60M ($2.59) in Q1 2022.","Deferred revenue nearly doubled to $8.9M; SG&A down 12% to $7.72M.","Entertainment segment service revenues fell 48%; healthcare contributed $1.78M.","Recent: 1-for-20 reverse split in Feb 2023; regained Nasdaq compliance; $3M convertible notes issued."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-017449","json":"https://secwatch.observer/filing/0001493152-23-017449.json","markdown":"https://secwatch.observer/filing/0001493152-23-017449.md","text":"https://secwatch.observer/filing/0001493152-23-017449.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342958/000149315223017449/0001493152-23-017449-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342958/000149315223017449/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:47:46.493221+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":"df54990b6b8bb67f8141969861e7adc27edde599","claim":"KUSTOM ENTERTAINMENT, INC. reported the three months ended March 31, 2023 results: revenue $7,697,190.","evidence_excerpt":"Total revenues for the three months ended March 31, 2023 and 2022 were $7,697,190 and $10,294,781, respectively, a decrease of $2,597,591 (25%).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1342958/000149315223017449/0001493152-23-017449-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$7,697,190"},{"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"}