{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-037284","form_type":"8-K","ticker":null,"cik":"0001008586","company_name":"STREAMLINE HEALTH SOLUTIONS INC.","filed_at":"2023-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.828809+00:00","generated_at":"2026-06-09T23:03:14.393711+00:00","sec_items":["2.05","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Streamline Health cuts 24% of workforce, loses $4.5M legacy client; appoints new CEO and interim CFO","bullets":["Reduces workforce by ~26 employees (24%) for annual cost savings of ~$5.8M; one-time restructuring expense of $0.8-1.2M.","Received termination notice from legacy client with $4.5M annualized revenue; guidance suspended.","Benjamin Stilwill appointed CEO, succeeding Tee Green who becomes Executive Chairman.","Bryant 'B.J.' Reeves named Interim CFO; Thomas Gibson to depart after transition.","Restructuring expected to be substantially recognized by end of fiscal 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-037284","json":"https://secwatch.observer/filing/0001493152-23-037284.json","markdown":"https://secwatch.observer/filing/0001493152-23-037284.md","text":"https://secwatch.observer/filing/0001493152-23-037284.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1008586/000149315223037284/0001493152-23-037284-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1008586/000149315223037284/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T23:03:14.393711+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":"83d143be3b","claim":"Wyche T. 'Tee' Green, III changed role as Executive Chairman at STREAMLINE HEALTH SOLUTIONS INC..","evidence_excerpt":"Mr. Stilwill is succeeding Wyche T. “Tee” Green, III as Chief Executive Officer, with Mr. Green transitioning to the role of Executive Chairman.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315223037284/0001493152-23-037284-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned to"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"a089fd7ad9","claim":"Benjamin L. Stilwill was appointed as Chief Executive Officer at STREAMLINE HEALTH SOLUTIONS INC..","evidence_excerpt":"the Company appointed Benjamin L. Stilwill as Chief Executive Officer of the Company, effective October 13, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315223037284/0001493152-23-037284-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"df230e3fbe","claim":"Bryant 'B.J.' Reeves was appointed as Interim Chief Financial Officer at STREAMLINE HEALTH SOLUTIONS INC..","evidence_excerpt":"the Company appointed Bryant “B.J.” Reeves as Interim Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer of the Company, effective October 13, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315223037284/0001493152-23-037284-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"e5ad0f0ac0","claim":"Thomas J. Gibson departed as Chief Financial Officer at STREAMLINE HEALTH SOLUTIONS INC..","evidence_excerpt":"Thomas J. Gibson will no longer serve as Chief Financial Officer of the Company, effective October 13, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315223037284/0001493152-23-037284-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will no longer serve"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"0eec95fa223b277dcd3aa5268d17f087f0f0a0d8","claim":"STREAMLINE HEALTH SOLUTIONS INC. announced a restructuring with charges of approximately $0.8 to $1.2 million (approximately 26 employees, representing approximately 24% of the Company's workforce).","evidence_excerpt":"result in annual cost savings of approximately $5.8 million. The Company estimates the one-time restructuring costs associated with the workforce reduction to be approximately $0.8 to $1.2 million, which consists primarily of severance payments and related benefits to affected employees. The Company communicated the workforce reduction on October 13, 2023,","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1008586/000149315223037284/0001493152-23-037284-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $0.8 to $1.2 million"},{"label":"Headcount","value":"approximately 26 employees, representing approximately 24% of the Company's workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}