{"schema_version":"secwatch.filing_event.v1","accession":"0001805526-26-000031","form_type":"8-K","ticker":"DFDV","cik":"0001805526","company_name":"DeFi Development Corp.","filed_at":"2026-05-13T21:10:35+00:00","discovered_at":"2026-05-13T21:12:00.341203+00:00","generated_at":"2026-05-13T21:14:19.543842+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"DeFi Development Corp. Q1 SPS up 108% YoY to 0.0670; repurchases $4.4M converts at 41% discount","bullets":["SOL per share of 0.0670 as of May 13, 2026, up 108% y/y and 1% from March 30, 2026.","Repurchased ~$4.4M principal of July 2030 Convertible Notes for ~$2.6M cash (41% discount to par).","Total SOL and SOL equivalents of 2,294,576, up 3% from March 30, 2026.","Reaffirmed June 2026 SPS guidance of 0.075 (fully converted); long-term target 1.0 SPS by Dec 2028 remains unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001805526-26-000031","json":"https://secwatch.observer/filing/0001805526-26-000031.json","markdown":"https://secwatch.observer/filing/0001805526-26-000031.md","text":"https://secwatch.observer/filing/0001805526-26-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/0001805526-26-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/dfdv-20260513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T21:14:19.543842+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":"54d451c0f79dba9f9a153db2cc749ec62d8ea7e1","claim":"DeFi Development Corp. updated its Q1 2026 guidance (reaffirmed).","evidence_excerpt":"DeFi Development Corp. Reports Q1 2026 Results, Repurchases $4.4M of Convertibles at 41% Discount","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/0001805526-26-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 2026"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}