{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-009305","form_type":"8-K","ticker":"SBET","cik":"0001981535","company_name":"Sharplink, Inc.","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.927274+00:00","generated_at":"2026-05-15T18:14:32.856466+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SharpLink FY2025 net loss $734.6M; revenue $28.1M; ETH per share 4.01","bullets":["Net loss $734.6M vs net income $10.1M in 2024; driven by $616.2M unrealized loss on ETH and $140.2M LsETH impairment.","Revenue jumped to $28.1M from $3.7M; Q4 staking revenue $15.3M, up 50% from Q3.","ETH holdings 864,597 as of Dec 31, 2025; ETH per share doubled to 4.01; total staking rewards 14,516 ETH since June 2025.","Institutional ownership of common stock increased to 46% from ~6% over the year.","Company reiterated 2026 strategy: compound ETH per share, generate yield, expand partnerships, maintain governance."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-009305","json":"https://secwatch.observer/filing/0001493152-26-009305.json","markdown":"https://secwatch.observer/filing/0001493152-26-009305.md","text":"https://secwatch.observer/filing/0001493152-26-009305.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1981535/000149315226009305/0001493152-26-009305-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1981535/000149315226009305/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T18:14:32.856466+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":"b61c1d9e4c1b1f2e9873154d356139f49e1c7ed1","claim":"Sharplink, Inc. reported financial results for full year ended December 31, 2025.","evidence_excerpt":"On March 9, 2026, Sharplink, Inc.. (the \"Company\") issued a press release regarding its financial results for the year ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1981535/000149315226009305/0001493152-26-009305-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended December 31, 2025"},{"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"}