{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-028686","form_type":"8-K","ticker":"SNAL","cik":"0001886894","company_name":"Snail, Inc.","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.997504+00:00","generated_at":"2026-06-11T12:56:42.014150+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Snail Q2 2023 revenue $9.9M (-36% YoY); net loss widens to $4.1M","bullets":["Revenue $9.9M, down 36% YoY from $15.5M; ARK sales decreased $5.3M.","Net loss $4.1M compared to $1.0M loss in prior year period.","ARK: Survival Evolved DAUs averaged 240,522, down from 359,077; units sold 0.9M vs 1.6M.","Unrestricted cash $3.0M as of June 30, 2023, down from $12.9M at Dec 31, 2022.","ARK: Survival Ascended release delayed to October 2023; passed QC and beta testing."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-028686","json":"https://secwatch.observer/filing/0001493152-23-028686.json","markdown":"https://secwatch.observer/filing/0001493152-23-028686.md","text":"https://secwatch.observer/filing/0001493152-23-028686.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1886894/000149315223028686/0001493152-23-028686-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1886894/000149315223028686/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T12:56:42.014150+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":"1a7a8099c64ac35c33633072faa91e5ad0207ee0","claim":"Snail, Inc. reported the three months ended June 30, 2023 results: revenue $9.9 million, net income $4.1 million.","evidence_excerpt":"to bring our fans a remastered ARK game with loads of new content and world to explore.” Second Quarter 2023 and Subsequent Financial and Business Highlights ● Revenue was $9.9 million for the three months ended June 30, 2023, compared to revenue of $15.5 million in the prior year period, representing a decrease of $5.6 million year over year. The decrease in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1886894/000149315223028686/0001493152-23-028686-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Revenue","value":"$9.9 million"},{"label":"Net income","value":"$4.1 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"}