{"schema_version":"secwatch.filing_event.v1","accession":"0001805833-23-000145","form_type":"8-K","ticker":"SST","cik":"0001805833","company_name":"System1, Inc.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.329236+00:00","generated_at":"2026-06-11T23:04:35.159357+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"System1 Q2 2023 revenue $147.2M, operating loss $36.4M, adjusted EBITDA $14.6M","bullets":["Revenue of $147.2M, down 33% YoY from $219.8M in Q2 2022.","Operating loss of $36.4M vs loss of $31.1M in Q2 2022.","Net loss from continuing operations of $44.2M, vs $33.8M in prior year.","Adjusted EBITDA of $14.6M, down from $34.2M in Q2 2022.","O&O revenue $77.3M, RPS $0.09, spread 55% compared to 30% a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001805833-23-000145","json":"https://secwatch.observer/filing/0001805833-23-000145.json","markdown":"https://secwatch.observer/filing/0001805833-23-000145.md","text":"https://secwatch.observer/filing/0001805833-23-000145.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805833/000180583323000145/0001805833-23-000145-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805833/000180583323000145/sst-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:04:35.159357+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"}