{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-044865","form_type":"8-K","ticker":"LGCY","cik":"0001836754","company_name":"Legacy Education Inc.","filed_at":"2026-09-29T20:05:14+00:00","discovered_at":"2026-09-29T20:06:00.419365+00:00","generated_at":"2026-10-12T13:47:58.946185+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Legacy Education FY2026 revenue up 24.8% to $80.1M, diluted EPS $0.66; Q4 EPS $0.13","bullets":["FY2026 (ended June 30, 2026) revenue $80.1M, up 24.8% from $64.2M; net income $9.1M (+21.3%); diluted EPS $0.66 (+11.9%); adjusted EBITDA $13.6M vs $11.0M.","Q4 revenue $20.1M (+12.0%), net income $1.9M (+53.3%), diluted EPS $0.13 (+44.4%), EBITDA $2.8M and adjusted EBITDA $3.1M.","New student starts 3,483, up 9.0%; year-end student population 3,377, up 8.9%; full year of CCMCC revenue in FY2026 versus half in FY2025.","G&A rose 26.7% to $24.2M on marketing, professional fees and bad debt; bad debt expense ~$4.0M (5% of revenue) vs $3.4M; $333,250 loss on debt settlement.","Balance sheet at June 30, 2026: cash $22.7M, total assets $78.5M, stockholders' equity $52.8M; no dividend mentioned."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-044865","json":"https://secwatch.observer/filing/0001493152-26-044865.json","markdown":"https://secwatch.observer/filing/0001493152-26-044865.md","text":"https://secwatch.observer/filing/0001493152-26-044865.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1836754/000149315226044865/0001493152-26-044865-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1836754/000149315226044865/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:47:58.946185+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"}