{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-028968","form_type":"8-K","ticker":"SBIG","cik":"0001801602","company_name":"SpringBig Holdings, Inc.","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.298003+00:00","generated_at":"2026-06-11T15:01:09.074811+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 Q2 revenue up 12% to $7.2M; expects breakeven Adjusted EBITDA in Q3","bullets":["Q2 revenue $7.2M (+12% YoY); subscription revenue +19% YoY; net dollar retention 100%.","Gross profit $5.7M (79% margin), up 24% YoY; net loss improved to $2.0M from $2.6M.","Adjusted EBITDA loss narrowed to $1.1M from $3.4M; expects breakeven in Q3 and positive H2 2023.","H1 revenue $14.4M (+14% YoY); subscription now 79% of total revenue (up from 73%).","Basic EPS loss $(0.06) on 31.5M weighted avg shares; total shares 40.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-028968","json":"https://secwatch.observer/filing/0001628280-23-028968.json","markdown":"https://secwatch.observer/filing/0001628280-23-028968.md","text":"https://secwatch.observer/filing/0001628280-23-028968.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023028968/0001628280-23-028968-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023028968/wdq-20230811.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T15:01:09.074811+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":"5e2215bcc40144429cf886f5aa5e3b09f9cb08b2","claim":"SpringBig Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue $7.2 million, net income $(2.0) million, EPS $(0.06).","evidence_excerpt":"Adjusted EBITDA during Q3 and to generate positive Adjusted EBITDA for the second half of the fiscal year.” Second Quarter 2023 Financial Highlights: • Revenue increased to $7.2 million, up 12% year-on-year. • Subscription revenue was up 19% year-on-year. • Net dollar retention rate was 100% for the twelve months ended June 30, 2023. • Gross profit was $5.7","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023028968/0001628280-23-028968-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$7.2 million"},{"label":"Net income","value":"$(2.0) million"},{"label":"EPS","value":"$(0.06)"},{"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"}