{"schema_version":"secwatch.filing_event.v1","accession":"0001704711-25-000134","form_type":"8-K","ticker":"FNKO","cik":"0001704711","company_name":"Funko, Inc.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.205816+00:00","generated_at":"2026-05-16T23:48:46.692451+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Funko Q3 net sales down 14.3% to $250.9M; net income drops to $0.9M","bullets":["Net sales $250.9M (down 14.3% YoY); net income $0.9M vs $4.6M; diluted EPS $0.02.","Gross margin 40.2% (down 70 bps) but exceeded expectations; adjusted EBITDA $24.4M vs $31.0M.","Core Collectible sales fell 12% to $200.4M; Loungefly down 5.5% to $44.7M.","U.S. sales down 20.1% to $155.4M; international relatively stable.","Q4 outlook: net sales to increase modestly from Q3; gross margin ~40%; adjusted EBITDA margin mid-to-high single digits."],"urls":{"canonical":"https://secwatch.observer/filing/0001704711-25-000134","json":"https://secwatch.observer/filing/0001704711-25-000134.json","markdown":"https://secwatch.observer/filing/0001704711-25-000134.md","text":"https://secwatch.observer/filing/0001704711-25-000134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1704711/000170471125000134/0001704711-25-000134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1704711/000170471125000134/fnko-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:48:46.692451+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"}