{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-036410","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2024-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.979803+00:00","generated_at":"2026-05-31T04:33:11.187828+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Netcapital Q1 revenue plunges 91% YoY to $142K; net loss widens to $2.5M","bullets":["Revenue fell ~91% to $142,227 from $1.52M in prior-year quarter; funding portal revenues down 62% to $142,056.","Operating loss increased 235% to $2,508,237 from $749,020; net loss of $2,527,170 up 414%.","Loss per share of $5.10 vs $4.61 in prior year; cash and equivalents $855,181 as of July 31, 2024.","CEO Martin Kay cited a challenging quarter; highlighted regulatory steps for broker-dealer application and secondary trading beta.","Company hosts earnings call on September 17, 2024 at 11:00 a.m. ET to discuss results and outlook."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-036410","json":"https://secwatch.observer/filing/0001493152-24-036410.json","markdown":"https://secwatch.observer/filing/0001493152-24-036410.md","text":"https://secwatch.observer/filing/0001493152-24-036410.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224036410/0001493152-24-036410-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224036410/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T04:33:11.187828+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"}