---
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"
generated_at: "2026-06-04T04:36:21.276419+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-014136
- JSON: https://secwatch.observer/filing/0001628280-24-014136.json
- Plain text: https://secwatch.observer/filing/0001628280-24-014136.txt

## Key facts
- Earnings Releases
  Bright Mountain Media, Inc. reported the year ended December 31, 2023 results: revenue $44.5 million, net income $35.6 million.
  - Period: the year ended December 31, 2023
  - Revenue: $44.5 million
  - Net income: $35.6 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1568385/000162828024014136/0001628280-24-014136-index.htm
- Earnings Releases
  Bright Mountain Media, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $15.1 million, net income $5.9 million.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $15.1 million
  - Net income: $5.9 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1568385/000162828024014136/0001628280-24-014136-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.