{"schema_version":"secwatch.filing_event.v1","accession":"0001878897-23-000015","form_type":"8-K","ticker":"DOUG","cik":"0001878897","company_name":"Douglas Elliman Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.434848+00:00","generated_at":"2026-06-15T04:57:28.519400+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Douglas Elliman restates Q1 2023 results; net loss widens to $0.23 per share","bullets":["Real estate agent commission expense increased by $3.2M, raising operating loss to $23.8M.","Net loss attributed to Douglas Elliman increased by $2.5M to $17.6M ($0.23 per diluted share).","Adjusted EBITDA loss widened to $17.6M from previously reported $14.4M.","Revenue unchanged at $214.0M, down from $308.9M in Q1 2022.","Quarterly Report on Form 10-Q to be filed shortly with adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001878897-23-000015","json":"https://secwatch.observer/filing/0001878897-23-000015.json","markdown":"https://secwatch.observer/filing/0001878897-23-000015.md","text":"https://secwatch.observer/filing/0001878897-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878897/000187889723000015/0001878897-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878897/000187889723000015/doug-20230511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:57:28.519400+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":"6f5508dc3bd1947aaef9dd048d9debb5f1e3e256","claim":"Douglas Elliman Inc. reported three months ended March 31, 2023 results: revenue $214.0 million, net income $17.6 million, EPS $0.23 per diluted common share.","evidence_excerpt":"First quarter 2023 revenues were $214.0 million, compared to revenues of $308.9 million for the first quarter of 2022. The Company recorded an operating loss of $23.8 million for the first quarter of 2023, compared to operating income of $7.9 million for the first quarter of 2022. Net loss attributed to Douglas Elliman for the first quarter of 2023 was $17.6 million, or $0.23 per diluted common share, compared to net income of $6.5 million, or $0.08 per diluted common share, for the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1878897/000187889723000015/0001878897-23-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"$214.0 million"},{"label":"Net income","value":"$17.6 million"},{"label":"EPS","value":"$0.23 per diluted common share"},{"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"}