{"schema_version":"secwatch.filing_event.v1","accession":"0001801661-26-000029","form_type":"8-K","ticker":"SKLZ","cik":"0001801661","company_name":"Skillz Inc.","filed_at":"2026-05-15T20:08:30+00:00","discovered_at":"2026-05-15T20:15:01.211711+00:00","generated_at":"2026-05-15T20:15:34.399452+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Skillz Q1 revenue $29.1M, net loss $10.9M; wins $420M jury verdict against Papaya Gaming","bullets":["Revenue $29.1M, gross profit $25.5M, net loss $10.9M, adjusted EBITDA loss $12.8M.","Paying monthly active users 128k, average revenue per PMAU $76.0.","Federal jury awarded Skillz $420M actual damages vs Papaya Gaming; potential total $1.2B; court ruling expected June 2026.","Ended quarter with $185M cash; RZR segment delivered third consecutive quarter of profitability.","Excluding litigation expenses, adjusted EBITDA improved 15% QoQ, operating expenses $41.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001801661-26-000029","json":"https://secwatch.observer/filing/0001801661-26-000029.json","markdown":"https://secwatch.observer/filing/0001801661-26-000029.md","text":"https://secwatch.observer/filing/0001801661-26-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801661/000180166126000029/0001801661-26-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801661/000180166126000029/sklz-20260515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T20:15:34.399452+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":"84d4969c4a3a8da558b63218d736a1831945db56","claim":"Skillz Inc. reported first quarter ended March 31, 2026 results: revenue $29.1 million, net income $10.9 million.","evidence_excerpt":"to players worldwide, today reported unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights (Unaudited): • Revenue of $29.1 million • Gross profit of $25.5 million • Net loss of $10.9 million • Adjusted EBITDA 1 loss of $12.8 million • Paying monthly active users (PMAUs) 2 of 128 thousand • Average revenue","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801661/000180166126000029/0001801661-26-000029-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$29.1 million"},{"label":"Net income","value":"$10.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}