{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-041360","form_type":"8-K","ticker":"SNAL","cik":"0001886894","company_name":"Snail, Inc.","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.300263+00:00","generated_at":"2026-06-08T02:48:25.532849+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Snail reports Q3 revenue $9.0M (down 42% YoY) and net loss $4.4M; ARK Ascended debut sold 600k+ units","bullets":["Revenue $9.0M, down 42% YoY from $15.6M; net loss widens to $4.4M from $1.5M.","ARK: Survival Ascended launched Oct 25; sold 336k units in first 24 hours and over 600k total as of Nov 14.","ARK: Survival Evolved DAUs fell to 231k from 340k YoY, but units sold increased to 1.2M from 1.1M.","Unrestricted cash $4.9M at Sep 30, down from $12.9M at Dec 31, 2022.","EBITDA loss $5.1M vs $1.5M loss in prior-year quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-041360","json":"https://secwatch.observer/filing/0001493152-23-041360.json","markdown":"https://secwatch.observer/filing/0001493152-23-041360.md","text":"https://secwatch.observer/filing/0001493152-23-041360.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1886894/000149315223041360/0001493152-23-041360-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1886894/000149315223041360/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:48:25.532849+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":"4a8efae2e2f7f351f5345231fe987b05b7f4437f","claim":"Snail, Inc. reported the third quarter ended September 30, 2023 results: revenue $9.0 million, net income Net loss was $4.4 million.","evidence_excerpt":"Revenue was $9.0 million for the three months ended September 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1886894/000149315223041360/0001493152-23-041360-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$9.0 million"},{"label":"Net income","value":"Net loss was $4.4 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"}