{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-023374","form_type":"8-K","ticker":"KPLT","cik":"0001785424","company_name":"Katapult Holdings, Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.100440+00:00","generated_at":"2026-06-01T23:24:31.430654+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Katapult Q1 revenue up 18% to $65.1M, net loss narrows sharply; reaffirms 10%+ FY growth","bullets":["Q1 revenue $65.1M (+18.1% YoY); gross originations $55.6M (+1.6% YoY).","Net loss improved to $0.6M from $10.5M YoY; adjusted EBITDA positive $5.6M vs -$1.0M.","Katapult Pay originations grew >150% YoY; repeat purchase rate 56%, write-off rate improved to 8.4%.","Reiterated FY 2024: at least 10% growth in gross originations and revenue; Q2 guided +3-5% originations, +8-10% revenue.","Non-Wayfair originations up 9% YoY; launched Lowe's in Katapult marketplace (May 7)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-023374","json":"https://secwatch.observer/filing/0001628280-24-023374.json","markdown":"https://secwatch.observer/filing/0001628280-24-023374.md","text":"https://secwatch.observer/filing/0001628280-24-023374.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785424/000162828024023374/0001628280-24-023374-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785424/000162828024023374/kplt-20240515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:24:31.430654+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":"e717101a1f223848facf030445eea961e02d44a3","claim":"Katapult Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $65.1 million, net income Net loss was $0.6 million. Guidance reaffirmed.","evidence_excerpt":"Quarter 2024 Financial Highlights (All comparisons are year-over-year unless stated otherwise.) • Gross originations were $55.6 million, an increase of 1.6% • Total revenue was $65.1 million, an increase of 18.1% • Total operating expenses in the first quarter decreased 18.5%. Fixed cash operating expenses 2 decreased approximately 20.6% • Net loss was $0.6 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785424/000162828024023374/0001628280-24-023374-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$65.1 million"},{"label":"Net income","value":"Net loss was $0.6 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}