secwatch.observer — SEC 8-K summary
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Issuer:     Snail, Inc. (SNAL)
CIK:        0001886894
Form:       8-K
Filed at:   2026-05-13T20:05:19+00:00
Accession:  0001493152-26-022711
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snail Q1 revenue $27.3M (+35.7% YoY); net income $2.1M vs loss of $1.9M
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- Net revenue $27.3M (+35.7% YoY); net income $2.1M vs net loss of $1.9M YoY.
- Total units sold 2.2M (+42.6% YoY); EBITDA $2.4M vs $(3.2)M YoY.
- Unrestricted cash $14.3M at Mar 31, 2026, up from $8.6M at Dec 31, 2025.
- Deferred revenue backlog ~$11M expected to be recognized upon release of Genesis Part 1 in June 2026.
- ASA units sold 1.4M in Q1; ARK Mobile 11.9M total downloads; Bellwright over 1M downloads.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1886894/000149315226022711/0001493152-26-022711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1886894/000149315226022711/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022711

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer