{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-011114","form_type":"8-K","ticker":"AREN","cik":"0000894871","company_name":"Arena Group Holdings, Inc.","filed_at":"2025-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.704659+00:00","generated_at":"2026-05-21T04:08:58.902530+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Arena Group posts Q1 net income of $4.0M; guides Q2 revenue $40-45M","bullets":["Q1 revenue $31.8M (+10% YoY); net income $4.0M ($0.08/diluted share) vs loss of $103M in Q1 2024.","Adjusted EBITDA $9.7M, improves from negative $848K; income from continuing ops swings from -$12.7M to +$4.0M.","Guidance Q2 2025: revenue $40-45M, income from continuing ops $9-11M.","Acquired TravelHost for $1M; brand will be modernized to expand travel content.","Traffic milestones: Athlon Sports up 500% YoY, TheStreet record 80M page views (+100% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-011114","json":"https://secwatch.observer/filing/0001641172-25-011114.json","markdown":"https://secwatch.observer/filing/0001641172-25-011114.md","text":"https://secwatch.observer/filing/0001641172-25-011114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894871/000164117225011114/0001641172-25-011114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894871/000164117225011114/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T04:08:58.902530+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"}