{"schema_version":"secwatch.filing_event.v1","accession":"0001607062-23-000283","form_type":"8-K","ticker":"SOPA","cik":"0001817511","company_name":"SOCIETY PASS INCORPORATED.","filed_at":"2023-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.812685+00:00","generated_at":"2026-06-14T22:34:34.627491+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Society Pass Q1 revenue up 358% YoY; gross margin expands to 33.5%","bullets":["Revenue of $2.04M vs $445K in Q1 2022; gross profit of $686K vs loss of $15K.","Gross margin improved to 33.5% from -3.3% YoY and from 25.5% in Q4 2022.","Cash operating expenses grew only 20% YoY ($3.39M vs $2.82M) while revenue surged 358%.","Cash on hand $13.7M; book value $15.6M as of March 31, 2023.","Management projects cash profitability sometime in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001607062-23-000283","json":"https://secwatch.observer/filing/0001607062-23-000283.json","markdown":"https://secwatch.observer/filing/0001607062-23-000283.md","text":"https://secwatch.observer/filing/0001607062-23-000283.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817511/000160706223000283/0001607062-23-000283-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817511/000160706223000283/sopa051723form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T22:34:34.627491+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":[{"claim_id":"c82cebbd5f3915f882f7cece3ed341ebe7deed9f","claim":"SOCIETY PASS INCORPORATED. reported financial results for first quarter ended March 31, 2023.","evidence_excerpt":"Exchange Commission (SEC). Click Here (on SEC website) to view 1Q 2023 Form 10-Q filing. Summary Points: • 1Q 2023 revenues grew 358% year on year (from $445,090 in 1Q 2022 to $2,042,580 in 1Q 2023). • 1Q 2023 digital advertising revenues totaled $1,283,774, up from $0 in 1Q 2022. • 1Q 2023 travel platform revenues totaled $486,707, up from $0 in 1Q 2022. • 1Q","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000160706223000283/0001607062-23-000283-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c82cebbd5f3915f882f7cece3ed341ebe7deed9f","claim":"SOCIETY PASS INCORPORATED. reported financial results for first quarter ended March 31, 2023.","evidence_excerpt":"1Q 2023 revenues grew 358% year on year (from $445,090 in 1Q 2022 to $2,042,580 in 1Q 2023).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817511/000160706223000283/0001607062-23-000283-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}