{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-023839","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.405229+00:00","generated_at":"2026-05-22T04:53:26.371429+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"confidence":"high","headline":"FAT Brands Q1 revenue down 6.5% to $142M, net loss widens to $46M","bullets":["Net loss $46.0M ($2.73/sh) vs $38.3M ($2.37) prior year; adjusted net loss $38.7M ($2.32).","Total revenue $142.0M, down 6.5% YoY; system-wide same-store sales fell 3.4%.","EBITDA $2.1M vs $9.4M; adjusted EBITDA $11.1M vs $18.2M.","Opened 23 new locations in Q1 (37% increase YoY); on track for >100 openings in 2025.","Spin-off of Twin Hospitality delivered $50M dividend to shareholders; planning refranchising of 57 Fazoli's locations."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-023839","json":"https://secwatch.observer/filing/0001628280-25-023839.json","markdown":"https://secwatch.observer/filing/0001628280-25-023839.md","text":"https://secwatch.observer/filing/0001628280-25-023839.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000162828025023839/0001628280-25-023839-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000162828025023839/fat-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T04:53:26.371429+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"}