{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-016388","form_type":"8-K","ticker":null,"cik":"0001136174","company_name":"Ontrak, Inc.","filed_at":"2024-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.415932+00:00","generated_at":"2026-06-03T22:03:21.420048+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ontrak Q4 revenue $3.5M (+41% YoY); full year revenue $12.7M (-12%)","bullets":["Q4 operating loss improved 35% to $5.2M; full year operating loss improved 52% to $21.1M.","Completed equity offering raising ~$5.3M net, $16.3M secured notes conversion, and $1.9M from warrant exercises.","Amended master note purchase agreement providing up to $15.0M borrowing capacity under senior secured convertible notes.","Expanded services to larger commercial population and eligible self-insured groups with a health plan customer.","Introduced Advanced Engagement System for improved efficiencies and ROI."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-016388","json":"https://secwatch.observer/filing/0001628280-24-016388.json","markdown":"https://secwatch.observer/filing/0001628280-24-016388.md","text":"https://secwatch.observer/filing/0001628280-24-016388.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1136174/000162828024016388/0001628280-24-016388-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1136174/000162828024016388/cats-20240416.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T22:03:21.420048+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":"a876aefe2dc6caafac7c1794637bed4330204c28","claim":"Ontrak, Inc. reported the fourth quarter of 2023 results: revenue $3.5 million, net income $(6.4) million, EPS $(0.29) diluted net loss per common share.","evidence_excerpt":"Revenue for the fourth quarter of 2023 was $3.5 million, representing a 41% increase compared to the same period in 2022. • Operating loss for the fourth quarter of 2023 was $(5.2) million compared to an operating loss of $(8.0) million for the same period in 2022. • Adjusted EBITDA for the fourth quarter of 2023 was $(3.6) million compared to adjusted EBITDA of $(6.1) million for the same period in 2022. • Net loss for the fourth quarter of 2023 was $(6.4) million, or a $(0.29) diluted net loss per common share (after deduction for undeclared preferred stock dividends), compared to net loss of $(9.1) million, or a $(2.52) diluted net loss per common share (after deduction for undeclared preferred stock dividends) for the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1136174/000162828024016388/0001628280-24-016388-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"$3.5 million"},{"label":"Net income","value":"$(6.4) million"},{"label":"EPS","value":"$(0.29) diluted net loss per common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"baa7309807a6162e5aa1fc01185d89c1b2cfa249","claim":"Ontrak, Inc. reported the year ended December 31, 2023 results: revenue $12.7 million.","evidence_excerpt":"• Q4 Revenue of $3.5 million, up 41% year over year; and Full Year Revenue of $12.7 million, down 12% year over year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1136174/000162828024016388/0001628280-24-016388-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$12.7 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"}