{"schema_version":"secwatch.filing_event.v1","accession":"0001820302-23-000056","form_type":"8-K","ticker":"BKKT","cik":"0001820302","company_name":"Bakkt, Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.852266+00:00","generated_at":"2026-06-15T04:38:33.519405+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bakkt Q1 net revenues $13M (+4% YoY); Apex Crypto acquisition closed April 1","bullets":["Q1 net revenues $13.0M, up 4% YoY; operating expenses $58.4M, down 4% YoY.","Net loss $44.9M vs $43.3M in Q1 2022; adjusted EBITDA loss $28.9M flat YoY.","Apex Crypto acquisition closed April 1, adding ~5.8M crypto-enabled accounts.","Full year 2023 Apex Crypto gross revenue outlook $1,874M-$2,384M; expects free cash flow breakeven for remainder of 2023 excluding deal costs.","Transacting accounts ~690,000 (+2% YoY); digital asset conversion volume $193M (+6% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001820302-23-000056","json":"https://secwatch.observer/filing/0001820302-23-000056.json","markdown":"https://secwatch.observer/filing/0001820302-23-000056.md","text":"https://secwatch.observer/filing/0001820302-23-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820302/000182030223000056/0001820302-23-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820302/000182030223000056/bakkt-20230511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:38:33.519405+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":"048cf061f17820c3594947f97515bb643db65557","claim":"Bakkt, Inc. reported the quarter ended March 31, 2023 results: revenue $13.0 million, net income $(44.9) million.","evidence_excerpt":"Bakkt Reports First Quarter 2023 Results Quarterly net revenues of $13.0 million, increased 4% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820302/000182030223000056/0001820302-23-000056-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$13.0 million"},{"label":"Net income","value":"$(44.9) 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"}