{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-009452","form_type":"8-K","ticker":"MSGM","cik":"0001821175","company_name":"Motorsport Games Inc.","filed_at":"2025-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.925116+00:00","generated_at":"2026-05-22T02:02:18.139724+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Motorsport Games Q1 net income $1.0M; revenue down 42%; adjusted EBITDA positive","bullets":["Net income of $1.0M ($0.33/share) vs net loss of $1.7M ($0.61 loss) in Q1 2024.","Revenue decreased 42% to $1.8M from $3.0M; gross margin slipped to 73.5% from 78.0%.","Adjusted EBITDA improved to $0.6M from a loss of $1.0M in prior-year quarter.","Closed $2.5M private placement (led by Pimax) in April; cash rose to $3.1M as of April 30.","Liquidity still tight; Company exploring asset sales or licensing to fund operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-009452","json":"https://secwatch.observer/filing/0001641172-25-009452.json","markdown":"https://secwatch.observer/filing/0001641172-25-009452.md","text":"https://secwatch.observer/filing/0001641172-25-009452.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821175/000164117225009452/0001641172-25-009452-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821175/000164117225009452/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T02:02:18.139724+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"}