{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-010934","form_type":"8-K","ticker":"BBAI","cik":"0001836981","company_name":"BigBear.ai Holdings, Inc.","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.186584+00:00","generated_at":"2026-05-25T07:28:37.244914+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BigBear.ai Q4 revenue $43.8M (+8% YoY); 2025 outlook $160-180M; net debt cut to $27M","bullets":["Q4 2024 revenue $43.8M, up 8% YoY from $40.6M; gross margin 37.4% vs 32.1%.","GAAP net loss $108.0M, driven by $93.3M non-cash derivative liability change.","Exchanged $182.3M of 6% 2026 notes for 6% 2029 secured notes; $58M converted to equity post-Q4.","Cash $50.1M at Dec 31; received $64.7M from warrant exercises in Q1 2025; net debt now $27M.","FY 2025 guidance: revenue $160-180M; negative single-digit Adjusted EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-010934","json":"https://secwatch.observer/filing/0001628280-25-010934.json","markdown":"https://secwatch.observer/filing/0001628280-25-010934.md","text":"https://secwatch.observer/filing/0001628280-25-010934.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1836981/000162828025010934/0001628280-25-010934-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1836981/000162828025010934/bbai-20250306.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T07:28:37.244914+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}