secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001628280-24-023293
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media Q1 revenue surges 731% to $12.4M; net loss widens to $4.8M
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- Revenue $12.4M, up 731% from $1.5M, driven by Big Village acquisition (consumer insights, creative, media services).
- Gross margin $3.1M vs $528k (+494%); net loss $4.8M vs $3.8M (+26%).
- Adjusted EBITDA loss improved to $1.2M from $2.1M loss in prior year.
- Revenue breakdown: consumer insights $6.7M, ad tech $2.6M, creative services $2.1M, media services $641k, digital pub $434k.
- CEO cites synergies from Big Village integration and AI-enabled marketing platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000162828024023293/0001628280-24-023293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000162828024023293/bmm-20240514.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-023293

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer