{"schema_version":"secwatch.filing_event.v1","accession":"0001861449-23-000175","form_type":"8-K","ticker":null,"cik":"0001861449","company_name":"Bird Global, Inc.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.857783+00:00","generated_at":"2026-06-11T19:22:36.323903+00:00","sec_items":["2.02","5.02","5.08","8.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Bird reports Q2 net loss improvement to $9.3M, CEO Torchiana terminated, Washinushi named interim CEO","bullets":["Net loss improved to $9.3M from $320.3M YoY; revenue $48.3M (-28% YoY).","Gross margin 40% vs (35)% prior year; ride profit margin (before depreciation) 57% (+10 pts).","CEO Shane Torchiana terminated effective Aug 9, 2023; CFO Michael Washinushi appointed interim CEO.","Adjusted EBITDA loss narrowed to $1.2M from $28.9M; free cash flow -$1.8M vs -$24.2M.","Total operating expenses decreased 89% YoY to $36.1M, adjusted operating expenses down 50%."],"urls":{"canonical":"https://secwatch.observer/filing/0001861449-23-000175","json":"https://secwatch.observer/filing/0001861449-23-000175.json","markdown":"https://secwatch.observer/filing/0001861449-23-000175.md","text":"https://secwatch.observer/filing/0001861449-23-000175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1861449/000186144923000175/0001861449-23-000175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1861449/000186144923000175/brds-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T19:22:36.323903+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":"4648cac30060b5a3de95f6c1db79521258893251","claim":"Bird Global, Inc. reported the three and six month periods ending on and as of June 30, 2023 results: revenue $48.3 million, net income $(9.3) million.","evidence_excerpt":"operational execution and becoming a profitable company.\" Quarter Ended June 30, 2023 Financial Results • Consistent with operating in fewer markets than last year, revenue was $48.3 million compared to $66.8 million in the second quarter of 2022. • Consolidated gross margin as a percentage of revenue was 40%, a 75 percentage basis point increase compared to the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1861449/000186144923000175/0001861449-23-000175-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and six month periods ending on and as of June 30, 2023"},{"label":"Revenue","value":"$48.3 million"},{"label":"Net income","value":"$(9.3) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0a58e9f88f","claim":"Shane Torchiana was terminated as Chief Executive Officer at Bird Global, Inc..","evidence_excerpt":"On August 9, 2023, the Board of Directors (the “Board”) of the Company terminated Shane Torchiana as Chief Executive Officer of the Company, effective immediately","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1861449/000186144923000175/0001861449-23-000175-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"9b53724b64","claim":"Michael Washinushi was appointed as Interim Chief Executive Officer at Bird Global, Inc..","evidence_excerpt":"On August 9, 2023, the Board appointed Michael Washinushi as the Company’s Interim Chief Executive Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1861449/000186144923000175/0001861449-23-000175-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}