{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-039076","form_type":"8-K","ticker":"CCLD","cik":"0001582982","company_name":"CareCloud, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.637861+00:00","generated_at":"2026-06-09T00:19:28.770439+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":"CareCloud Q3 revenue falls 13% to $29.3M; GAAP net loss $2.7M; maintains FY guidance","bullets":["Revenue $29.3M, down 13% YoY; GAAP net loss $2.7M vs net income $1.1M in Q3 2022.","Adjusted EBITDA $3.2M (11% of revenue) vs $4.8M in Q3 2022; adj. net income $203k ($0.01/share).","Full-year 2023 guidance reaffirmed: revenue $120-122M, adj. EBITDA $15-17M.","Company plans cost reductions to improve free cash flow by $10M annualized; launched CirrusAI generative AI platform.","Cash at Sep 30: $6.4M; net working capital $5.5M; YTD adj. EBITDA $11.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-039076","json":"https://secwatch.observer/filing/0001493152-23-039076.json","markdown":"https://secwatch.observer/filing/0001493152-23-039076.md","text":"https://secwatch.observer/filing/0001493152-23-039076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223039076/0001493152-23-039076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223039076/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:19:28.770439+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":"18093eed662019b4877f9a8cdd6124cb70e4ed18","claim":"CareCloud, Inc. reported quarter ended September 30, 2023 results: revenue $29.3 million, net income $2.7 million.","evidence_excerpt":"our position as a leading tech-enabled revenue cycle management provider and return the company to sustainable growth.” Third Quarter 2023 Highlights ● Revenue of $29.3 million, 13% decline from Q3 2022 ● GAAP net loss of $2.7 million, compared to a net income of $1.1 million in Q3 2022 ● Adjusted net income of $203,000, or $0.01 per share ● Adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223039076/0001493152-23-039076-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$29.3 million"},{"label":"Net income","value":"$2.7 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"}