{"schema_version":"secwatch.filing_event.v1","accession":"0001828962-25-000036","form_type":"8-K","ticker":"CRCT","cik":"0001828962","company_name":"Cricut, Inc.","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.129747+00:00","generated_at":"2026-05-25T15:10:02.406448+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cricut Q4 revenue $209.3M (-9% YoY), FY net income +17% to $62.8M; director Blackwell to leave board","bullets":["Revenue $209.3M in Q4, down 9% YoY; platform revenue up 2%, products down 15%.","FY net income $62.8M (8.8% margin), up 17% from $53.6M; diluted EPS $0.29 vs $0.24.","Paid subscribers 2.96M, up 7% YoY; Active Users 5.89M, down 1% versus 2023.","Operating cash flow $265M; cash $337M; debt-free; $22.9M remaining under $50M buyback.","Director Len Blackwell not standing for re-election at 2025 annual meeting; no disagreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001828962-25-000036","json":"https://secwatch.observer/filing/0001828962-25-000036.json","markdown":"https://secwatch.observer/filing/0001828962-25-000036.md","text":"https://secwatch.observer/filing/0001828962-25-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828962/000182896225000036/0001828962-25-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828962/000182896225000036/crct-20250228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T15:10:02.406448+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":"f7cbc5397d","claim":"Len Blackwell departed as Director at Cricut, Inc..","evidence_excerpt":"On February 28, 2025, Len Blackwell notified the Board of Directors of the Company that he would not stand for re-election at the Company’s 2025 annual meeting of stockholders.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828962/000182896225000036/0001828962-25-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"not stand for re-election"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}