{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-022707","form_type":"8-K/A","ticker":"AIFC","cik":"0000862861","company_name":"AI Financial Corp","filed_at":"2024-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.167398+00:00","generated_at":"2026-06-01T06:24:40.249006+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"JanOne acquisition target Alt 5 Sigma reports 2023 net profit but auditor flags going concern","bullets":["Alt 5 Sigma 2023 net profit $3.36M, revenue $11.97M (up 31% YoY); diluted EPS $0.13.","Auditor's report raises substantial doubt about going concern due to working capital deficit of $4.4M and negative equity.","Operating cash flow improved to $6.86M in 2023 from -$1.68M in 2022; stock-based comp fell to $0.","Fair value loss on digital assets was $445k in 2023 vs $4.5M gain in 2022, impacting net income.","Acquisition closed May 2024; financial statements and pro forma adjustments now filed via 8-K/A."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-022707","json":"https://secwatch.observer/filing/0001493152-24-022707.json","markdown":"https://secwatch.observer/filing/0001493152-24-022707.md","text":"https://secwatch.observer/filing/0001493152-24-022707.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862861/000149315224022707/0001493152-24-022707-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862861/000149315224022707/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:24:40.249006+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}