secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0001628280-23-009626
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media Q4 revenue up 20% to $5.2M; full-year net loss improves 32% to $8.1M
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- Q4 revenue $5.2M (+20% YoY); net loss $2.3M (improved 20% from $2.9M loss in Q4 2021).
- Full-year 2022 revenue $19.6M (+51% YoY); net loss $8.1M (improved 32% from $12.0M loss in 2021).
- Full-year G&A expenses decreased 23% to $14.2M from $18.5M in 2021.
- Adjusted EBITDA loss improved to $2.5M from $7.7M loss in 2021.
- CEO expects challenging H1 2023 but remains confident in model and new products.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000162828023009626/0001628280-23-009626-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000162828023009626/bmm-20230329.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-009626

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer