{"schema_version":"secwatch.filing_event.v1","accession":"0001515971-25-000057","form_type":"8-K","ticker":"KTEL","cik":"0000845819","company_name":"KonaTel, Inc.","filed_at":"2025-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.454926+00:00","generated_at":"2026-05-21T04:04:35.587285+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KonaTel Q1 revenue -61.5% to $2.2M; GAAP EPS -$0.02; 49% IM Telecom buyer withdraws","bullets":["Revenue $2.2M, down 61.5% YoY primarily from ACP program cancellation; gross margin improved to 30.1%.","GAAP net loss $(917,528) ($0.02/share) vs net income $8.1M ($0.19) in Q1 2024.","Cash $2.1M, up from $1.7M at Dec 31, 2024 due to lower AR from a significant customer.","49% IM Telecom buyer withdrew request to acquire 100%; KonaTel retains 51% controlling interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001515971-25-000057","json":"https://secwatch.observer/filing/0001515971-25-000057.json","markdown":"https://secwatch.observer/filing/0001515971-25-000057.md","text":"https://secwatch.observer/filing/0001515971-25-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/845819/000151597125000057/0001515971-25-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/845819/000151597125000057/ktel8k051525.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T04:04:35.587285+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"}