{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-050173","form_type":"8-K","ticker":"LPRO","cik":"0001806201","company_name":"Open Lending Corp","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.524098+00:00","generated_at":"2026-05-16T23:55:58.376141+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Open Lending Q3 2025 net loss of $7.6M vs prior-year net income of $1.4M","bullets":["Certified loans fell to 23,880 from 27,435 YoY; total revenue rose to $24.2M from $23.5M.","Net loss of $7.6M ($0.06 basic EPS loss) vs net income of $1.4M ($0.01 basic EPS) in Q3 2024.","Adjusted EBITDA improved to $5.6M from $4.5M; definition updated to exclude interest income and certain non-recurring items.","Gross profit $18.9M vs $17.3M; profit share revenues included $1.1M positive adjustment vs $7.0M reduction in prior year.","CEO highlighted launch of ApexOne Auto decisioning platform and enhanced underwriting standards."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-050173","json":"https://secwatch.observer/filing/0001628280-25-050173.json","markdown":"https://secwatch.observer/filing/0001628280-25-050173.md","text":"https://secwatch.observer/filing/0001628280-25-050173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806201/000162828025050173/0001628280-25-050173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1806201/000162828025050173/lpro-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:55:58.376141+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"}