{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-019909","form_type":"8-K","ticker":"SNAL","cik":"0001886894","company_name":"Snail, Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.094993+00:00","generated_at":"2026-06-01T23:41:12.444349+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Snail Q1 net revenue $14.1M (+4% YoY); net loss narrows to $1.8M from $3.0M","bullets":["Net revenue $14.1M vs $13.5M YoY; net loss $1.8M improved from $3.0M loss.","Bookings $19.6M, up 47% from $13.3M, driven by ARK: Survival Ascended.","ARK: Survival Ascended sold ~2M units since Oct 2023 launch; 121K avg DAUs in Q1.","Unrestricted cash $16.1M as of Mar 31, 2024.","EBITDA loss $1.9M vs $3.4M in prior year period."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-019909","json":"https://secwatch.observer/filing/0001493152-24-019909.json","markdown":"https://secwatch.observer/filing/0001493152-24-019909.md","text":"https://secwatch.observer/filing/0001493152-24-019909.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1886894/000149315224019909/0001493152-24-019909-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1886894/000149315224019909/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:41:12.444349+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":"ab75f55f7b4f2fca420c57152fbfef2660a6e2fb","claim":"Snail, Inc. reported the first quarter ended March 31, 2024 results: revenue $14.1 million, net income $1.8 million.","evidence_excerpt":"133,000 DAUs. ○ ARK: Survival Evolved sold approximately 0.6 million units in the first quarter of 2024. Net revenues for the three months ended March 31, 2024 was $14.1 million compared to $13.5 million in the three months ended March 31, 2023. The increase in net revenues was due to an increase in total ARK sales of $5.1 million, an increase in revenue","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1886894/000149315224019909/0001493152-24-019909-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$14.1 million"},{"label":"Net income","value":"$1.8 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"}