Welcome to our dedicated page for Paradium.AI SEC filings (Ticker: AREN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Paradium.AI's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Paradium.AI's regulatory disclosures and financial reporting.
Arena Group Holdings, Inc., now doing business as Paradium.AI, Inc., reports that effective August 31, 2026 it filed a Certificate of Amendment in Delaware to change its corporate name to “Paradium.AI, Inc.” under the General Corporation Law of the State of Delaware, which did not require stockholder approval because it related only to a name change.
The company’s common stock continues to trade on NYSE American, and in connection with the name change its trading symbol became “PAAI”, while the CUSIP number for the common stock remains the same. Existing stock certificates remain valid, and stockholders whose shares are held in book-entry or through brokers are not required to take any action in connection with the name change.
On September 10, 2026, the company also made available an updated investor presentation for September 2026, furnished as Exhibit 99.1 and posted on its website at https://paradium.ai/, which is provided as a Regulation FD disclosure and is not deemed filed or incorporated by reference into other securities law filings except as specifically referenced.
The Arena Group Holdings, Inc. entered into a new $97,691,000 term loan with Renew Group Private Limited on August 7, 2026, maturing August 6, 2029. The proceeds were used to refinance existing term loan obligations with Renew and for other general corporate purposes.
The loan bears 10.00% annual interest, payable quarterly in arrears beginning September 30, 2026. Principal will be repaid in seven quarterly installments of $1,000,000 starting September 30, 2027, with the remaining balance due at maturity. The company may prepay at any time without penalty, but cannot reborrow amounts repaid.
The facility includes covenants limiting additional debt, liens, mergers, asset sales, acquisitions, investments, and affiliate transactions, plus financial covenants requiring a consolidated fixed charge coverage ratio of at least 1.20 to 1.00 and a total net leverage ratio not more than 3.5 to 1.00, tested quarterly from the quarter ending September 30, 2026. Obligations are guaranteed by subsidiaries and secured by a first priority security interest in substantially all assets of the company and guarantors.
The Arena Group Holdings, Inc. (d/b/a Paradium.AI) reported Q2 2026 revenue of $22.2 million, down from $45.0 million in Q2 2025, with gross margin falling to 39.2% from 56.4%. The company posted a small net loss of $0.2 million from continuing operations versus prior-year income.
Adjusted EBITDA was $4.4 million, compared with $18.6 million a year earlier. Total assets were $106.1 million and term debt was $97.6 million, with a stockholders’ deficiency of $7.6 million. Cash and cash equivalents were $11.2 million, including $2.1 million generated from operating activities in Q2.
Strategically, the company is rebranding to Paradium.AI, extending its term debt maturity by three years with Renew Group Private Limited, and has acquired InfoSentience with cash on hand. Management expects the InfoSentience deal to be immediately accretive to earnings and cash flow and to expand B2B, AI-driven content capabilities alongside its Cutter Studios and Encore platforms.
The Arena Group Holdings, Inc. reported sharply weaker results for the three months ended June 30, 2026 while advancing a strategic pivot toward AI-driven content and announcing a planned rebrand to Paradium.AI. Q2 2026 revenue was $22.2 million, down from $45.0 million in Q2 2025. Gross margin fell to 39.2% from 56.4%. The company posted a small loss from continuing operations of $0.2 million versus income from continuing operations of $12.4 million a year earlier. Net loss was $0.2 million compared with net income of $108.6 million in Q2 2025, which had included $96.2 million of income from discontinued operations.
Adjusted EBITDA, a non-GAAP metric, declined to $4.4 million (19.8% margin) from $18.6 million (41.3% margin). On the balance sheet, cash and cash equivalents were $11.2 million, total assets $106.1 million, term debt $97.6 million, and stockholders’ deficiency $(7.6) million. The company extended the maturity of its existing term debt facility with Renew Group Private Limited by three years on terms described as non-dilutive, aiming to reduce near-term refinancing risk.
Strategically, Arena completed the acquisition of InfoSentience, launched its proprietary AI-driven production platform Cutter Studios, and is integrating these with its first-party data platform Encore to pursue higher-margin, asset-light, AI-powered content and B2B revenue streams.
The Arena Group Holdings, Inc. reported sharply lower results from continuing operations for the quarter ended June 30, 2026. Revenue fell 50.7% to $22,183, driven mainly by weaker digital advertising as search algorithm changes reduced referral traffic and mix shifted away from higher-yield properties. Gross profit declined to $8,668, with gross margin compressing as cost of revenue decreased less than revenue.
Operating expenses were reduced, with general and administrative costs down 41.0% to $3,655, and selling and marketing modestly lower, reflecting cost discipline and lower legal/professional fees. Income from operations dropped to $2,280 from $16,412, and after net interest expense of $2,450 and a small tax benefit, the company recorded a loss from continuing operations of $176, versus income of $12,412 a year earlier.
For the first six months of 2026, revenue declined to $42,589 from $76,827 and loss from continuing operations was $2,834. Despite this, cash from operating activities was positive at $2,051, and cash and cash equivalents were $11,170 with working capital of $18,777. Term debt remained high at a carrying value of $97,606, and stockholders’ deficiency widened to $(7,550). The company highlighted pressure on key metrics such as RPM and page views, and described ongoing optimization efforts to stabilize audience and improve monetization.
The Arena Group Holdings, Inc. reported Q1 2026 revenue of $20.4 million and a net loss of $2.7 million, compared with $31.8 million of revenue and $4.0 million of net income in Q1 2025. Gross margin fell to 34.8% from 49.4%, reflecting weaker referral traffic and intensive monetization testing.
Adjusted EBITDA was $1.7 million versus $9.7 million a year earlier, as the company incurred over $1 million of severance and professional fees tied to legal and restructuring actions. Cash increased from $10.3 million to $11.2 million during the quarter, while term debt remained high at $97.6 million and stockholders’ deficiency widened to $7.4 million.
Management highlighted aggressive AI adoption, refinement of ad monetization, and growth in licensing and commerce, including strong gains in badging revenue, Men’s Journal Spirits Shop sales, and ShopHQ partners. The company is working with a commercial bank on a new debt facility intended to optimize its capital structure.
The Arena Group Holdings, Inc. filed Amendment No. 1 to its Form 10‑K for the year ended December 31, 2025 to add detailed Part III disclosures on directors, executive officers, compensation, ownership, related‑party dealings, auditor fees and exhibits. The amendment does not change previously reported financial results.
The filing describes a refreshed leadership team, with Paul Edmondson serving as Chief Executive Officer, Manoj Bhargava as President and Geoffrey Wait as Principal Financial Officer, and notes several 2025 board resignations and one new director. It lays out 2025 pay for named executives, including Edmondson’s mix of salary, stock and option awards, and explains bonus, equity and 401(k) matching policies.
The company reports 47,602,790 shares outstanding as of March 16, 2026 and a public float valued at $81.3 million as of June 30, 2025, while a Simplify Inventions affiliate beneficially owns 71.2% of the common stock. The amendment also details material related‑party financings and transactions with Renew Group Private Limited and Simplify Inventions, including amended note terms, a working capital loan, equity issuances, and small acquisitions. Auditor information shows KPMG and BDO combined audit fees of about $1.9 million for 2025. A pay‑versus‑performance table highlights that 2025 produced positive net income after losses in prior years.
The Arena Group Holdings, Inc. reported a strong turnaround in its 2025 results, highlighted in a CEO video presentation furnished with this report. Full year revenue rose to $134.8 million from $125.9 million in 2024, driven by growth in non-advertising revenue streams.
Full year gross margin expanded to 50.7% from 44.2%, showing better profitability on each dollar of sales. Income from continuing operations shifted to a profit of $28.6 million in 2025 after a $7.7 million loss in 2024, reflecting a major improvement in the core business.
The company also focused on its balance sheet, repaying $23.5 million of revolver and term loan principal in 2025 and increasing its cash balance by nearly $6 million to $10.3 million. Detailed full year and Q4 figures are available on the company’s investor relations site.
The Arena Group Holdings, Inc. reported Q4 and full-year 2025 results showing its first full year of positive net income and major debt reduction. Full-year revenue rose to $134.8M from $125.9M, driven by growth in non-advertising streams, while gross margin expanded to 50.7% from 44.2%. Income from continuing operations reached $28.6M versus a $7.7M loss a year earlier, and net income was $124.9M including $96.3M from discontinued operations, compared with a $100.7M net loss in 2024. Adjusted EBITDA improved to $51.5M with a 38.2% margin, up from $27.0M and 21.4%. The company retired $23.5M of debt and reduced leverage from 4.5x to 1.89x, while growing cash by nearly $6.0M, reflecting significantly stronger balance sheet health despite softer Q4 revenue.