{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-018486","form_type":"8-K","ticker":null,"cik":"0001799332","company_name":"GAN Ltd","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.168978+00:00","generated_at":"2026-06-02T06:42:09.930027+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"GAN Q1 net loss $4.2M; B2B revenue up 10%, B2C down 23%","bullets":["Total revenue $30.7M, down 13% YoY; net loss $4.2M vs $1.5M profit in Q1 2023.","B2B segment revenue $12.3M (+10% YoY); B2C $18.3M (-23% YoY) on lower sports margin.","Adjusted EBITDA -$0.6M vs breakeven; operating expenses down 20% to $24.6M.","B2B Gross Operator Revenue $632M (+49% YoY); B2C Active Customers 222k vs 257k.","Merger with SegaSammy on track to close late 2024/early 2025; CFIUS application submitted."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-018486","json":"https://secwatch.observer/filing/0001493152-24-018486.json","markdown":"https://secwatch.observer/filing/0001493152-24-018486.md","text":"https://secwatch.observer/filing/0001493152-24-018486.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1799332/000149315224018486/0001493152-24-018486-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1799332/000149315224018486/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:42:09.930027+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":"3e8520eb83f409bf9e6769e5e5a981dc68cd938d","claim":"GAN Ltd reported financial results for first quarter ended March 31, 2024.","evidence_excerpt":"On May 9, 2024, GAN Limited (the “Company”) issued an earnings release and held a conference call reporting its unaudited financial results for the three months ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1799332/000149315224018486/0001493152-24-018486-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"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"}