{"schema_version":"secwatch.filing_event.v1","accession":"0001806201-24-000033","form_type":"8-K","ticker":"LPRO","cik":"0001806201","company_name":"Open Lending Corp","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.605465+00:00","generated_at":"2026-06-05T12:30:07.852299+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Open Lending Q4 2023 revenue $14.9M, net loss $4.8M; certified loans down 24% YoY","bullets":["Q4 2023 certified loans 26,263, down 24% from 34,550 YoY; total revenue $14.9M (down 44% from $26.8M).","Q4 net loss $4.8M vs loss $4.2M a year ago; adjusted EBITDA -$2.1M vs $8.5M.","Full-year 2023 certified loans 122,984, down 26% from 165,211; revenue $117.5M vs $179.6M.","Profit share revenue reduced by $14.3M in Q4 and $22.8M for full year due to historical vintage adjustments.","CEO cites continued product, technology, and go-to-market improvements; priorities for 2024 include bank segment expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0001806201-24-000033","json":"https://secwatch.observer/filing/0001806201-24-000033.json","markdown":"https://secwatch.observer/filing/0001806201-24-000033.md","text":"https://secwatch.observer/filing/0001806201-24-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806201/000180620124000033/0001806201-24-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1806201/000180620124000033/lpro-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T12:30:07.852299+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":"0902c9ccfd2c0f50b9b5d0ece9739f49891fa670","claim":"Open Lending Corp reported financial results for the fiscal quarter and year ended December 31, 2023.","evidence_excerpt":"On February 27, 2024, Open Lending Corporation (the “Company”) issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1806201/000180620124000033/0001806201-24-000033-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter and year ended December 31, 2023"},{"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"}