{"schema_version":"secwatch.filing_event.v1","accession":"0001823878-26-000040","form_type":"8-K","ticker":"MYPS","cik":"0001823878","company_name":"PLAYSTUDIOS, Inc.","filed_at":"2026-05-11T20:31:29+00:00","discovered_at":"2026-05-11T20:33:00.321278+00:00","generated_at":"2026-05-11T20:33:44.485245+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PLAYSTUDIOS Q1 revenue $58.4M (-6.9% YoY), net loss $10.7M, AEBITDA $3.6M, plans $40M buyback","bullets":["Net loss $10.7M (loss margin 18.3%) vs $2.9M loss in Q1 2025; revenue $58.4M vs $62.7M.","Adjusted EBITDA $3.6M (6.1% margin) vs $12.5M (19.9%) a year ago; user acquisition spend up $6.5M.","Direct-to-consumer revenue surged 150% to $12.4M; Tetris Block Party reached 135k DAU.","Restructuring (Renewal) expected to generate $33M-$39M annualized savings; closed 4 of 9 studios, cut 177 positions.","Company plans to adopt 10b5-1 plan and repurchase shares under remaining $40M authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001823878-26-000040","json":"https://secwatch.observer/filing/0001823878-26-000040.json","markdown":"https://secwatch.observer/filing/0001823878-26-000040.md","text":"https://secwatch.observer/filing/0001823878-26-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823878/000182387826000040/0001823878-26-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823878/000182387826000040/myps-20260511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T20:33:44.485245+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":"9a4a3b3bc6349ea6410cf3b36a1258e97d50031d","claim":"PLAYSTUDIOS, Inc. reported the first quarter ended March 31, 2026 results: revenue $58.4 million, net income Net loss of $10.7 million.","evidence_excerpt":"PLAYSTUDIOS, Inc. Announces First Quarter Results First Quarter Revenue of $58.4 million Net loss of $10.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823878/000182387826000040/0001823878-26-000040-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$58.4 million"},{"label":"Net income","value":"Net loss of $10.7 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"}