{"schema_version":"secwatch.filing_event.v1","accession":"0001704711-24-000011","form_type":"8-K","ticker":"FNKO","cik":"0001704711","company_name":"Funko, Inc.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.178958+00:00","generated_at":"2026-06-05T01:39:56.366508+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Funko posts Q4 net loss $10.8M, sales down 12.6% YoY; CFO leaves March 15","bullets":["Q4 net sales $291.2M (-12.6% YoY); gross margin 37.6% vs 28.3% a year ago.","Q4 net loss $10.8M ($0.21/sh) vs loss $42.2M ($0.89/sh) prior year.","Adjusted Q4 EBITDA $23.5M vs negative $6.3M; FY2024 adjusted EBITDA guidance $65M-$85M.","CFO/COO Steve Nave resigns effective March 15, 2024; Yves LePendeven named Acting CFO.","Inventory slashed to $119.5M from $246.4M; debt reduced $26M in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001704711-24-000011","json":"https://secwatch.observer/filing/0001704711-24-000011.json","markdown":"https://secwatch.observer/filing/0001704711-24-000011.md","text":"https://secwatch.observer/filing/0001704711-24-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1704711/000170471124000011/0001704711-24-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1704711/000170471124000011/fnko-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:39:56.366508+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":[{"claim_id":"d262dd6aef510688dc0056288e8360390ce4de57","claim":"Funko, Inc. updated its the quarter and fiscal year ended December 31, 2023 guidance (initiated).","evidence_excerpt":"On March 7, 2024 , Funko, Inc. (the “Company”) announced its financial results for the quarter and fiscal year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1704711/000170471124000011/0001704711-24-000011-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and fiscal year ended December 31, 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3f8dbd5109","claim":"Yves LePendeven was appointed as Acting Chief Financial Officer at Funko, Inc..","evidence_excerpt":"Also on March 6, 2024, the Company’s Board of Directors (the “Board”) appointed Yves LePendeven as the Company’s Acting Chief Financial Officer and designated him as the Company’s principal financial officer and principal accounting officer, in each case effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1704711/000170471124000011/0001704711-24-000011-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Acting Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"4f711811e6","claim":"Steve Nave resigned as Chief Financial Officer and Chief Operating Officer at Funko, Inc..","evidence_excerpt":"On March 6, 2024, Steve Nave resigned as Chief Financial Officer and Chief Operating Officer of Funko, Inc. (the “Company”), effective March 15, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1704711/000170471124000011/0001704711-24-000011-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}