{"schema_version":"secwatch.filing_event.v1","accession":"0001779474-25-000044","form_type":"8-K","ticker":"MAPS","cik":"0001779474","company_name":"WM TECHNOLOGY, INC.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.412535+00:00","generated_at":"2026-05-16T23:54:12.579764+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"WM Technology Q3 revenue falls to $42.2M; net income down to $3.6M","bullets":["Revenue $42.2M (-9.4% YoY); net income $3.6M (from $5.3M); adjusted EBITDA $7.6M (from $11.3M).","Avg monthly paying clients 5,221 (+2.4% YoY), but avg revenue per client fell to $2,693 from $3,043.","Cash increased to $62.6M from $52.0M at Dec 2024; total shares outstanding 157.2M.","Management cites ongoing pricing pressure and client margin compression in core markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001779474-25-000044","json":"https://secwatch.observer/filing/0001779474-25-000044.json","markdown":"https://secwatch.observer/filing/0001779474-25-000044.md","text":"https://secwatch.observer/filing/0001779474-25-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1779474/000177947425000044/0001779474-25-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1779474/000177947425000044/maps-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:54:12.579764+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"}