{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-014136","form_type":"8-K","ticker":"BMTM","cik":"0001568385","company_name":"Bright Mountain Media, Inc.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.009063+00:00","generated_at":"2026-06-04T04:36:21.276419+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bright Mountain Media Q4 rev +193% to $15.1M, but net loss widens to $5.9M; FY net loss $35.6M on $44.5M rev","bullets":["Q4 revenue $15.1M (up 193% YoY); full-year revenue $44.5M (up 128% YoY), driven by Big Village acquisition.","Q4 net loss $5.9M (up 156% YoY); full-year net loss $35.6M (up 338% YoY), impacted by impairment charges.","Recorded $14.1M goodwill impairment and $2.9M intangible asset impairment for Ad Network and Owned & Operated units.","Adjusted EBITDA loss Q4 $616K (vs $694K YoY); full-year Adjusted EBITDA loss $3.9M (vs $2.5M YoY).","CEO cites transformative year with Big Village and Deep Focus; focus on profitable growth and smart M&A."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-014136","json":"https://secwatch.observer/filing/0001628280-24-014136.json","markdown":"https://secwatch.observer/filing/0001628280-24-014136.md","text":"https://secwatch.observer/filing/0001628280-24-014136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568385/000162828024014136/0001628280-24-014136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568385/000162828024014136/bmm-20240401.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:36:21.276419+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":"316a31db4dc909cb2203411fcd0005c4e07254b5","claim":"Bright Mountain Media, Inc. reported the year ended December 31, 2023 results: revenue $44.5 million, net income $35.6 million.","evidence_excerpt":"Revenue was $44.5 million, an increase of $25.0 million, or 128%, compared to $19.6 million for the same period of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568385/000162828024014136/0001628280-24-014136-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$44.5 million"},{"label":"Net income","value":"$35.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"69a7c3433824daa54891d472b047d743eb22d8bd","claim":"Bright Mountain Media, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $15.1 million, net income $5.9 million.","evidence_excerpt":"Revenue was $15.1 million, an increase of $10.0 million, or 193%, compared to $5.2 million for the same period of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568385/000162828024014136/0001628280-24-014136-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$15.1 million"},{"label":"Net income","value":"$5.9 million"},{"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"}