{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-024808","form_type":"8-K","ticker":"SNAL","cik":"0001886894","company_name":"Snail, Inc.","filed_at":"2025-08-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.515605+00:00","generated_at":"2026-05-17T11:34:05.269316+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Snail posts Q2 net loss of $16.6M; revenue up to $22.2M; launches stablecoin initiative","bullets":["Net loss $16.6M vs net income $2.3M YoY; revenue $22.2M (+2.8% YoY).","Bookings $27.1M (+18.5% YoY); EBITDA loss $2.4M vs $3.1M income.","ARK franchise: ASE units 1.2M, ASA units 807k; ARK Mobile 6.9M total downloads.","Announced proprietary stablecoin initiative; formed Snail Coins LLC; ATM offering for reserve backing.","Signed MoU with Mega Matrix Inc. for short drama co-production and distribution."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-024808","json":"https://secwatch.observer/filing/0001641172-25-024808.json","markdown":"https://secwatch.observer/filing/0001641172-25-024808.md","text":"https://secwatch.observer/filing/0001641172-25-024808.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1886894/000164117225024808/0001641172-25-024808-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1886894/000164117225024808/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T11:34:05.269316+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"}