{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-024676","form_type":"8-K","ticker":"SBIG","cik":"0001801602","company_name":"SpringBig Holdings, Inc.","filed_at":"2023-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.297700+00:00","generated_at":"2026-06-13T10:11:31.067383+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SpringBig prelim Q2 rev $7.2M (+12% YoY); targets Adj. EBITDA profitability in Q3 2023","bullets":["Preliminary Q2 revenue $7.2M (+12% YoY); Adj. EBITDA loss narrowed to $1.1M from $3.4M.","H1 2023 revenue $14.4M (+14% YoY); Adj. EBITDA loss $2.5M vs $5.9M in H1 2022.","FY 2023 guidance: revenue $31.0M-$32.5M; Adj. EBITDA loss of $(1.5)M-$(2.0)M; expects profitability in H2.","Completed $4.0M equity offering on May 31; restructured convertible notes; executives invested $0.7M.","Launched 'Subscriptions by springbig' VIP loyalty program; several retailers signed contract amendments."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-024676","json":"https://secwatch.observer/filing/0001628280-23-024676.json","markdown":"https://secwatch.observer/filing/0001628280-23-024676.md","text":"https://secwatch.observer/filing/0001628280-23-024676.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/form8-kxprelimq22023results.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:11:31.067383+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":"2e4827f8839024531ca1f3b54e52a596f3c39408","claim":"SpringBig Holdings, Inc. reported the three months ended June 30, 2023 results: revenue $7.2 million.","evidence_excerpt":"Revenues for the three months ended June 30, 2023, are expected to be $7.2 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Revenue","value":"$7.2 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"4e902ec51a23e0717810c379f230fcd7e6871212","claim":"SpringBig Holdings, Inc. reported the six months ended June 30, 2023 results: revenue $14.4 million.","evidence_excerpt":"For the first half of the fiscal year, revenues have increased by 14% year-on-year to $14.4 million and Adjusted EBITDA loss has been reduced by 58% to $2.5 million compared with $5.9 million in the same six-month period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Revenue","value":"$14.4 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"96ef4f822c2e42af7e99d65b5c0a1a7c6a843d25","claim":"SpringBig Holdings, Inc. reported the year ending December 31, 2023 results: revenue $31.0 million to $32.5 million. Guidance initiated.","evidence_excerpt":"For the year ending December 31, 2023, springbig currently expects revenue in the range of $31.0 million to $32.5 million, representing 19% growth at the mid-point, and an Adjusted EBITDA loss in the range of $(1.5) million to $(2.0) million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023024676/0001628280-23-024676-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ending December 31, 2023"},{"label":"Revenue","value":"$31.0 million to $32.5 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}