{"schema_version":"secwatch.filing_event.v1","accession":"0001806201-24-000084","form_type":"8-K","ticker":"LPRO","cik":"0001806201","company_name":"Open Lending Corp","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.222622+00:00","generated_at":"2026-06-02T19:39:47.209691+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Open Lending Q1 revenue $30.7M, down 20% YoY; certified loans fall 13% to 28,189","bullets":["Certified loans 28,189 in Q1 2024 vs 32,408 in Q1 2023 (-13% YoY).","Total revenue $30.7M vs $38.4M (-20%); gross profit $25.0M vs $32.9M.","Net income $5.1M vs $12.5M; Adjusted EBITDA $12.5M vs $21.2M.","Exceeded high end of guidance for certified loans and revenue; management cites improving market conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001806201-24-000084","json":"https://secwatch.observer/filing/0001806201-24-000084.json","markdown":"https://secwatch.observer/filing/0001806201-24-000084.md","text":"https://secwatch.observer/filing/0001806201-24-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806201/000180620124000084/0001806201-24-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1806201/000180620124000084/lpro-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:39:47.209691+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":"efd25a8b4fa36379a3b3ad38cc393b0a6f5186f6","claim":"Open Lending Corp reported fiscal quarter ended March 31, 2024 results: revenue $30.7 million, net income $5.1 million.","evidence_excerpt":"• The Company facilitated 28,189 certified loans during the first quarter of 2024, compared to 32,408 certified loans in the first quarter of 2023. • Total revenue was $30.7 million during the first quarter of 2024, compared to $38.4 million in the first quarter of 2023. The first quarter of 2024 was negatively impacted by a $1.1 million reduction in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1806201/000180620124000084/0001806201-24-000084-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$30.7 million"},{"label":"Net income","value":"$5.1 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"}