{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-029668","form_type":"8-K","ticker":"LOVE","cik":"0001701758","company_name":"Lovesac Co","filed_at":"2023-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.909076+00:00","generated_at":"2026-06-11T08:34:40.256535+00:00","sec_items":["2.02","4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Lovesac restates FY2023 & Q1 FY2024; operating income overstated by up to $3M","bullets":["Audit Committee investigation found $2.2M journal entry capitalizing shipping expenses that related to prior year.","Operating income for FY2023 overstated by ~$2.0M to $3.0M; net income overstated by ~$1.5M to $2.5M.","For the 13 weeks ended April 30, 2023, errors overstated operating and net income by less than $0.5M each.","Company expects one or more material weaknesses in internal control over financial reporting to be identified.","Previously filed 10-K for FY2023, 10-Q for Q1 FY2024, and related earnings communications should no longer be relied upon."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-029668","json":"https://secwatch.observer/filing/0001628280-23-029668.json","markdown":"https://secwatch.observer/filing/0001628280-23-029668.md","text":"https://secwatch.observer/filing/0001628280-23-029668.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023029668/0001628280-23-029668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1701758/000162828023029668/love-20230815.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T08:34:40.256535+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}