---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-007137"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T07:25:56.866527+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Katapult Q4 2022 revenue down 33.4% YoY to $48.8M; net loss $14.4M

## Summary
- Gross originations $59.8M (+1.5% YoY), first positive inflection since Q3 2021.
- Net loss $14.4M; adjusted EBITDA loss $5.0M vs. $1.3M loss prior year.
- Credit facility amended: maturity extended to June 2025, $25M term loan paydown, warrants issued.
- Expects 2023 total operating expense reduction >10%; fixed cash OpEx down >20%.
- No financial guidance provided; 2023 gross originations growth expected YoY.

## SEC filing metadata
- accession: 0001628280-23-007137
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000162828023007137/0001628280-23-007137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000162828023007137/kplt-20230309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-007137
- JSON: https://secwatch.observer/filing/0001628280-23-007137.json
- Plain text: https://secwatch.observer/filing/0001628280-23-007137.txt

## Key facts
- Earnings Releases
  Katapult Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $48.8 million, net income $14.4 million.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $48.8 million
  - Net income: $14.4 million
  - Result: reported results
  source text: 1.5% year-over-year, the first positive inflection since the third quarter of 2021. December 2022 gross originations increased by mid-teen’s year- over-year • Total revenue of $48.8 million decreased by $24.5 million, or 33.4% compared to the prior year period. Of the total $24.5 million decrease, $9.0 million was a result of our adoption of ASC 842 as of January 1,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785424/000162828023007137/0001628280-23-007137-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
