{"schema_version":"secwatch.filing_event.v1","accession":"0002026478-25-000017","form_type":"8-K","ticker":"NMAX","cik":"0002026478","company_name":"Newsmax Inc.","filed_at":"2025-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.702844+00:00","generated_at":"2026-05-21T06:07:53.041736+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Newsmax Q1 revenue $45.3M (+11.6% YoY); net loss narrows to $17.2M; cash $126.7M","bullets":["Total revenues of $45.3M, up 11.6% YoY; advertising revenue $28.9M (+13.5%), affiliate revenue $7.4M (+12.5%).","Net loss of $(17.2)M versus $(50.7)M in prior-year quarter, improved by $33.5M.","Adjusted EBITDA of $(1.2)M, down $4.4M from prior year due to expansion costs and public company expenses.","Cash and cash equivalents of $126.7M, a 426.8% increase from $24.1M at Dec 31, 2024.","Quarterly viewership reached a record 33.6M, up 50% YoY; remains 4th highest-rated cable news channel."],"urls":{"canonical":"https://secwatch.observer/filing/0002026478-25-000017","json":"https://secwatch.observer/filing/0002026478-25-000017.json","markdown":"https://secwatch.observer/filing/0002026478-25-000017.md","text":"https://secwatch.observer/filing/0002026478-25-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2026478/000202647825000017/0002026478-25-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2026478/000202647825000017/nmax-20250515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T06:07:53.041736+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"}