{"schema_version":"secwatch.filing_event.v1","accession":"0001855747-22-000056","form_type":"8-K","ticker":"BLND","cik":"0001855747","company_name":"Blend Labs, Inc.","filed_at":"2022-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.472869+00:00","generated_at":"2026-06-24T00:05:26.188068+00:00","sec_items":["2.02","2.05","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Blend Labs Q2 revenue $65.5M; records $391.8M impairment; cuts 11% of workforce","bullets":["GAAP loss from operations $471.4M includes $391.8M non-cash impairment on Title365 goodwill and intangibles.","Non-GAAP loss from operations $39.5M vs $26.3M a year ago; cash and marketable securities $450.5M.","Title365 segment revenue $31.9M; Blend Platform segment revenue $33.6M (+5% YoY) despite 37% mortgage market decline.","Workforce reduction eliminates 220 positions (~11% of workforce); expects $4M charges, $27.3M annual compensation savings.","Full-year 2022 revenue guidance unchanged at $230-250M; Blend Platform lowered to $135-145M, Title365 raised to $95-105M."],"urls":{"canonical":"https://secwatch.observer/filing/0001855747-22-000056","json":"https://secwatch.observer/filing/0001855747-22-000056.json","markdown":"https://secwatch.observer/filing/0001855747-22-000056.md","text":"https://secwatch.observer/filing/0001855747-22-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855747/000185574722000056/0001855747-22-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855747/000185574722000056/blnd-20220811.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T00:05:26.188068+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}