{"schema_version":"secwatch.filing_event.v1","accession":"0001805833-24-000048","form_type":"8-K","ticker":"SST","cik":"0001805833","company_name":"System1, Inc.","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.604180+00:00","generated_at":"2026-06-04T15:34:14.980337+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"System1 Q4 2023 revenue $96.1M, -31% YoY; adjusted EBITDA $10.0M","bullets":["Revenue $96.1M vs $140.1M in Q4 2022; net loss from continuing ops $25.4M vs $29.8M loss.","Adjusted EBITDA $10.0M vs $14.4M a year ago; O&O revenue $79.4M (-38% YoY).","Full-year 2023 revenue $402.0M (-40% YoY); net loss from continuing ops $111.3M (2022: $421.4M incl. $372.7M impairment).","Discontinued ops loss $11.1M in Q4; pro forma adjusted for planned disposition of Total Security Limited."],"urls":{"canonical":"https://secwatch.observer/filing/0001805833-24-000048","json":"https://secwatch.observer/filing/0001805833-24-000048.json","markdown":"https://secwatch.observer/filing/0001805833-24-000048.md","text":"https://secwatch.observer/filing/0001805833-24-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805833/000180583324000048/0001805833-24-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805833/000180583324000048/sst-20240318.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T15:34:14.980337+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"}