{"schema_version":"secwatch.filing_event.v1","accession":"0001828972-24-000043","form_type":"8-K","ticker":"BZFD","cik":"0001828972","company_name":"BuzzFeed, Inc.","filed_at":"2024-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.792523+00:00","generated_at":"2026-06-04T08:37:47.461721+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BuzzFeed Q4 revenue down 26% to $75.7M; full-year net loss $60.3M; sells Complex Networks","bullets":["Q4 revenue $75.7M (-26% YoY); advertising $31.9M (-25%), content $27.0M (-34%), commerce $16.7M (-8%).","FY 2023 revenue $252.7M (-26% YoY); net loss from continuing ops $60.3M vs $140.5M loss in 2022.","Adjusted EBITDA loss $4.7M for FY 2023 vs $0.3M positive in 2022; cash $36M at year-end.","Sale of Complex Networks closed Feb 21, 2024; results are continuing ops excluding Complex.","CEO cites AI-driven restructuring and focus on owned-and-operated properties to improve profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0001828972-24-000043","json":"https://secwatch.observer/filing/0001828972-24-000043.json","markdown":"https://secwatch.observer/filing/0001828972-24-000043.md","text":"https://secwatch.observer/filing/0001828972-24-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828972/000182897224000043/0001828972-24-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828972/000182897224000043/bzfd-20240325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:37:47.461721+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":"098df78efa844ec0a621a17988eb3b325c150d66","claim":"BuzzFeed, Inc. reported financial results for fourth quarter and full year ended December 31, 2023.","evidence_excerpt":"On March 25, 2024, BuzzFeed, Inc. (the “Company”), issued a press release (the “Press Release”) announcing its financial results for the fourth quarter and full year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828972/000182897224000043/0001828972-24-000043-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2023"},{"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"}