{"schema_version":"secwatch.filing_event.v1","accession":"0001820302-24-000031","form_type":"8-K","ticker":"BKKT","cik":"0001820302","company_name":"Bakkt, Inc.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.694092+00:00","generated_at":"2026-06-05T07:14:32.370171+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Bakkt preliminary FY2023 revenue $778-780M, within guidance; cash at $68-70M","bullets":["Q4 2023 total revenue estimated at $213M-$215M; full-year revenue $778M-$780M, within prior guidance of $750M-$1,268M.","Net loyalty revenue full-year $51M-$53M, in line with guidance of $53M.","Cash, equivalents and securities at year-end 2023: $68M-$70M.","FY2023 operating cash burn (ex-customer funds) $87M-$89M; free cash flow usage $100M-$102M, both within guidance.","Results are preliminary, subject to revision upon completion of 10-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001820302-24-000031","json":"https://secwatch.observer/filing/0001820302-24-000031.json","markdown":"https://secwatch.observer/filing/0001820302-24-000031.md","text":"https://secwatch.observer/filing/0001820302-24-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820302/000182030224000031/0001820302-24-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820302/000182030224000031/bakkt-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:14:32.370171+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":"4221c3e496ac96bf8945b6f68bcd4ae976ee4f87","claim":"Bakkt, Inc. reported fiscal year 2023 results: revenue $778 million to $780 million. Guidance reaffirmed.","evidence_excerpt":"Total revenues for fiscal year 2023 are estimated to be in a range of $778 million to $780 million, which is expected to be in line with prior guidance of between $750 million and $1,268 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820302/000182030224000031/0001820302-24-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Revenue","value":"$778 million to $780 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"ac6bcbad449b52d5ed4419e9abfaa4a99ef8ac20","claim":"Bakkt, Inc. reported the fourth quarter of 2023 results: revenue $213 million to $215 million.","evidence_excerpt":"Total revenues for the fourth quarter of 2023 are estimated to be in a range of $213 million to $215 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820302/000182030224000031/0001820302-24-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"$213 million to $215 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}