secwatch.observer — SEC 8-K summary
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Issuer:     Snail, Inc. (SNAL)
CIK:        0001886894
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001641172-25-010393
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snail Q1 revenue up 42.5% to $20.1M; net loss widens slightly to $1.9M
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- Net revenue $20.1M vs $14.1M YoY; net loss $(1.9)M vs $(1.8)M.
- Bookings rose 13.6% to $22.2M; EBITDA was $(3.2)M.
- ARK franchise DAUs up ~16% to 243K on Steam/Epic; ASE sold ~690,775 units, ASA sold ~751,960 units.
- ARK Mobile surpassed 4.8M downloads since launch; average DAUs 143,976.
- Signed MoU with Mega Matrix for co-development of at least 10 short dramas.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1886894/000164117225010393/0001641172-25-010393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1886894/000164117225010393/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-010393

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