secwatch.observer — SEC 8-K summary
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Issuer:     Snail, Inc. (SNAL)
CIK:        0001886894
Form:       8-K
Filed at:   2026-08-11T20:05:19+00:00
Accession:  0001493152-26-037121
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snail reports Q2 net revenue down 11% to $19.7M; net loss narrows 81.6% to $3.0M
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- Q2 net revenue $19.7M, down from $22.2M YoY; total units 2.0M vs 2.1M.
- Net loss improved 81.6% to $3.0M vs $16.6M loss a year ago; EBITDA $(3.0)M vs $(2.4)M.
- H1 2026 revenue $47.0M, up 11.1% YoY; net loss $(0.9)M vs $(18.5)M, improved 95.1%.
- Cash rose to $13.3M at June 30, 2026 from $8.6M at Dec 31, 2025.
- ARK franchise: ASA sold ~1.2M units; ASE ~574k; ARK Mobile 13.2M downloads as of June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1886894/000149315226037121/0001493152-26-037121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1886894/000149315226037121/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037121

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