{"filing":{"accession_number":"0001213900-26-064721","cik":"0001218683","ticker":"BGDE","company_name":"Big Digital Energy, Inc.","form":"8-K","filing_date":"2026-06-03","report_date":null,"primary_document":"ea0293476-8k_bigdigital.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1218683/000121390026064721/ea0293476-8k_bigdigital.htm"},"events":[{"id":7200,"run_id":6317,"accession_number":"0001213900-26-064721","anchor_item_number":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.35,"summary":"The filing discloses a $40 million revolving line of credit from Endeavor Blockchain (controlled by Executive Chairman Josh Kilgore) at 12% interest, payable on demand, with customary events of default including covenant violations and bankruptcy triggers. While the primary disclosure is the creation of a direct financial obligation (Item 2.03), the demand-payable structure, high interest rate, and related-party nature suggest potential financial stress. However, this is a new credit facility, not a breach of existing covenants, making the classification ambiguous between a direct obligation and a signal of underlying distress.","company_name":"Big Digital Energy, Inc.","ticker":"BGDE","filing_date":"2026-06-03","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":4021,"accession_number":"0001213900-26-064721","item_number":null,"item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.35,"reasoning":"The filing discloses a $40 million revolving line of credit from Endeavor Blockchain (controlled by Executive Chairman Josh Kilgore) at 12% interest, payable on demand, with customary events of default including covenant violations and bankruptcy triggers. While the primary disclosure is the creation of a direct financial obligation (Item 2.03), the demand-payable structure, high interest rate, and related-party nature suggest potential financial stress. However, this is a new credit facility, not a breach of existing covenants, making the classification ambiguous between a direct obligation and a signal of underlying distress.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-04T02:43:06.353147+00:00","company_name":"Big Digital Energy, Inc.","ticker":"BGDE","filing_date":"2026-06-03"}]}