{"schema_version":"secwatch.filing_event.v1","accession":"0001779474-26-000011","form_type":"8-K","ticker":"MAPS","cik":"0001779474","company_name":"WM TECHNOLOGY, INC.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.148721+00:00","generated_at":"2026-05-15T13:43:53.350592+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WM Technology Q4 revenue $43.1M (-9.6% YoY); net loss $5.0M; appoints Nick Rellas to board","bullets":["Q4 revenue $43.1M, down from $47.7M YoY; avg monthly paying clients 5,120 (down 2% from 5,225).","Net loss of $5.0M vs net income of $3.7M in Q4 2024; adjusted EBITDA $10.4M, down from $11.9M.","Full year 2025 revenue $174.7M, down from $184.5M; net income $3.3M vs $12.2M in 2024.","Appointed Nick Rellas (co-founder/former CEO of Drizly) to Board, effective March 5, 2026.","Cash and liquidity $62.4M as of Dec 31, 2025, up from $52.0M year-end 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001779474-26-000011","json":"https://secwatch.observer/filing/0001779474-26-000011.json","markdown":"https://secwatch.observer/filing/0001779474-26-000011.md","text":"https://secwatch.observer/filing/0001779474-26-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1779474/000177947426000011/0001779474-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1779474/000177947426000011/maps-20260312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:43:53.350592+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"}