{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-032392","form_type":"8-K","ticker":"PMNT","cik":"0001849221","company_name":"Perfect Moment Ltd.","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.899343+00:00","generated_at":"2026-05-31T09:24:50.085232+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Perfect Moment Q1 net revenue flat at $974k; net loss widens to $3.4M; auditor issues going concern","bullets":["Gross revenue up 43% to $1.9M, but net revenue fell 1% to $974k due to higher returns and end-of-season discounting.","Net loss of $3.4M ($0.22/sh) vs $2.7M ($0.55/sh) a year ago; adjusted EBITDA loss widened to $2.9M from $2.0M.","Cash & equivalents dropped to $4.0M from $7.9M at March 31, 2024; no long-term debt.","Auditor's going concern qualification cited recurring losses and accumulated deficit; cash burn continues.","Opened SoHo pop-up (Oct 2024), partnered with Quiet Platforms for U.S. distribution, and launched resale program with Reflaunt."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-032392","json":"https://secwatch.observer/filing/0001493152-24-032392.json","markdown":"https://secwatch.observer/filing/0001493152-24-032392.md","text":"https://secwatch.observer/filing/0001493152-24-032392.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849221/000149315224032392/0001493152-24-032392-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849221/000149315224032392/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:24:50.085232+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"}