{"schema_version":"secwatch.filing_event.v1","accession":"0001870600-25-000057","form_type":"8-K","ticker":"SBDS","cik":"0001870600","company_name":"Solo Brands, Inc.","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.311484+00:00","generated_at":"2026-05-22T00:33:56.717349+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Solo Brands Q1 net loss $18.6M on sales down 9.5%; Chubbies up 44% but Solo Stove plunges 49%","bullets":["Net sales $77.3M, down 9.5% YoY; net loss $18.6M ($0.21/sh) vs $6.5M loss ($0.06/sh) last year.","Chubbies segment sales up 43.9% to $42.7M with segment EBITDA margin 26.5%; Solo Stove sales down 49.2% to $26.1M, segment EBITDA -$1.5M.","Adjusted EBITDA $3.5M (4.5% of sales) vs $4.3M (5.0%) prior year; adjusted net loss $6.2M ($0.08/sh) vs adj net income $1.7M.","Cash $206.4M from $277.3M revolver draw; total debt $428.8M; non-compliance with covenants likely; going concern doubt reiterated.","NYSE trading suspended April 22; stock now quoted OTC Pink under DTCB; appeal pending."],"urls":{"canonical":"https://secwatch.observer/filing/0001870600-25-000057","json":"https://secwatch.observer/filing/0001870600-25-000057.json","markdown":"https://secwatch.observer/filing/0001870600-25-000057.md","text":"https://secwatch.observer/filing/0001870600-25-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1870600/000187060025000057/0001870600-25-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1870600/000187060025000057/dtc-20250512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T00:33:56.717349+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"}