{"schema_version":"secwatch.filing_event.v1","accession":"0002055592-26-000023","form_type":"8-K","ticker":"GEMI","cik":"0002055592","company_name":"Gemini Space Station, Inc.","filed_at":"2026-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.130055+00:00","generated_at":"2026-05-15T09:44:37.189927+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gemini Space Station Q4 net revenue $56.4M, net loss $140.8M; plans US focus, 30% headcount reduction","bullets":["Q4 net revenue $56.4M (+13% Q/Q); services revenue $26.5M (+33% Q/Q) driven by card and staking growth.","Net loss of $140.8M and Adjusted EBITDA loss of $92.2M on operating expenses $171.7M.","Full-year 2025 total revenue $179.6M (+26% YoY); services revenue $64.6M (+115% YoY).","Received CFTC DCM license for prediction markets; launched spot margin trading in Jan 2026.","Exiting UK, EU, Australia; cut workforce ~30% since Jan 2026; headcount ~445 as of March 1."],"urls":{"canonical":"https://secwatch.observer/filing/0002055592-26-000023","json":"https://secwatch.observer/filing/0002055592-26-000023.json","markdown":"https://secwatch.observer/filing/0002055592-26-000023.md","text":"https://secwatch.observer/filing/0002055592-26-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2055592/000205559226000023/0002055592-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2055592/000205559226000023/gemi-20260319.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:44:37.189927+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":"2a4d74ce417ee9174b0fd99acae7a4fc93d04197","claim":"Gemini Space Station, Inc. reported financial results for the three and twelve months ended December 31, 2025.","evidence_excerpt":"On March 19, 2026, Gemini Space Station, Inc. (“Gemini,” the “Company,” “we,” or “us”) issued a shareholder letter (the “Shareholder Letter”) and supplemental materials (the “2025 Earnings Presentation”) announcing its financial results for the three and twelve months ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2055592/000205559226000023/0002055592-26-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and twelve months ended December 31, 2025"},{"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"}