secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001628280-24-037171
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media Q2 FY2024 revenue $13.0M, net loss narrows to $5.2M
-------------------------------------------------------------------------

- Q2 2024 revenue $13.0M (+3% YoY); ad tech division drove growth with $3.6M revenue.
- Net loss improved to $5.2M vs $6.1M in Q2 2023; Adjusted EBITDA loss narrowed to $0.9M from $1.9M.
- H1 2024 revenue $25.5M (+80% YoY) reflecting full-period impact of Big Village acquisition.
- Company amended credit facility with Centre Lane Partners, deferring payments to support growth.
- Consumer insights segment contributed $6.7M Q2 revenue; digital publishing revenue declined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000162828024037171/0001628280-24-037171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000162828024037171/bmm-20240814.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-037171

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