{"schema_version":"secwatch.filing_event.v1","accession":"0001573221-22-000064","form_type":"8-K","ticker":"REAL","cik":"0001573221","company_name":"TheRealReal, Inc.","filed_at":"2022-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.264730+00:00","generated_at":"2026-06-25T21:40:55.954602+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Q1 2022 GMV up 31% to $428M, revenue up 48% to $147M, beat guidance; FY2022 outlook reaffirmed","bullets":["GMV $428M (+31% YoY); total revenue $147M (+48%); net loss $57M vs $56M in prior year.","Adjusted EBITDA -$35.3M (-24.1% of revenue) vs -$35.6M (-36.1%) in Q1 2021; operating leverage improving.","Q2 2022 guidance: GMV $450-470M, revenue $150-160M, adjusted EBITDA loss $(33-29)M; FY2022 reaffirmed.","Active buyers 828k (+21%), orders 878k (+27%), AOV $487 (+3%); repeat buyers 85% of GMV.","Cash $361M; company-owned inventory $73.7M; on track for adjusted EBITDA profitability in 2024 (Vision 2025)."],"urls":{"canonical":"https://secwatch.observer/filing/0001573221-22-000064","json":"https://secwatch.observer/filing/0001573221-22-000064.json","markdown":"https://secwatch.observer/filing/0001573221-22-000064.md","text":"https://secwatch.observer/filing/0001573221-22-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573221/000157322122000064/0001573221-22-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573221/000157322122000064/real-20220510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T21:40:55.954602+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"}