{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-010598","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.570967+00:00","generated_at":"2026-05-24T15:21:46.345153+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":"Netcapital Q3 FY2025 revenue down 85% YoY to $152,682; net loss $3.0M","bullets":["Revenue dropped 85% YoY to $152,682 from $1.04M in Q3 FY2024.","Operating loss widened to $1.69M from $1.21M in prior-year quarter.","Net loss of $3.01M ($1.57 per share) vs $2.23M ($13.60 per share) last year.","Cash and equivalents $614,304 as of Jan 31, 2025.","CEO notes broker-dealer subsidiary approved by FINRA in Nov; first client Algernon for Reg A offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-010598","json":"https://secwatch.observer/filing/0001493152-25-010598.json","markdown":"https://secwatch.observer/filing/0001493152-25-010598.md","text":"https://secwatch.observer/filing/0001493152-25-010598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225010598/0001493152-25-010598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225010598/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T15:21:46.345153+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"}