{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-017395","form_type":"8-K","ticker":"KPLT","cik":"0001785424","company_name":"Katapult Holdings, Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.566553+00:00","generated_at":"2026-06-15T04:30:29.089304+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":"Katapult Q1 gross originations +17.3% YoY to $54.7M; first positive adjusted EBITDA since Q3 2021","bullets":["Total revenue $55.7M (-7% YoY); net loss $9.1M, adjusted net loss $7.2M.","Adjusted EBITDA positive $0.6M vs -$4.2M in prior year period.","Repaid $25M of term loan; ended quarter with $44.9M cash.","Q2 guidance: gross originations +15-17% YoY; revenue roughly flat; improved Adj. EBITDA.","Repeat customers accounted for 47% of gross originations; writeoffs 8.4% of revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-017395","json":"https://secwatch.observer/filing/0001628280-23-017395.json","markdown":"https://secwatch.observer/filing/0001628280-23-017395.md","text":"https://secwatch.observer/filing/0001628280-23-017395.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785424/000162828023017395/0001628280-23-017395-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785424/000162828023017395/kplt-20230511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:30:29.089304+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":"f2c19244d4c1db4c1bcfaae813fb033ca7c95bd9","claim":"Katapult Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $55.7 million, net income $9.1 million. Guidance initiated.","evidence_excerpt":"million, increased 17.3% from the first quarter of 2022 ◦ Approximately 47% of gross originations for the first quarter of 2023 came from repeat customers 1 • Total revenue of $55.7 million, decreased 7.0% year-over-year, but reflects sequential improvement due to strong collection efforts and underwriting performance • Net loss was $9.1 million for the first","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785424/000162828023017395/0001628280-23-017395-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$55.7 million"},{"label":"Net income","value":"$9.1 million"},{"label":"Guidance","value":"initiated"},{"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"}