Item 1A. Risk Factors
Item 1A. Risk Factors.
For the quarter ended March 31, 2025, one customer represented 22.4% of our total accounts receivable balance and another customer represented 10.2% of that balance. Inability to collect these amounts could have a material adverse impact on our operations.
Beyond this, there have been no other material changes to the Risk Factors previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2024.
Item 2. Unregi stered Sales of Equity Securities and Use of Proceeds.
None.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safet y Disclosures.
None.
Item 5. Other Inform ation.
None .
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Item 6. Exhibits.
Incorporated by Reference
Filed or Furnished
No.
Exhibit Description
Form
Date Filed
Number
Herewith
10.1
Twenty-Second Amendment to Amended and Restated Senior Secured Credit Agreement, dated March 31, 2025
X
10.2
Annex A to the Credit Agreement, dated March 31, 2025
X
10.3
Amendment to Employment Agreement dated January 1, 2025 by and between the Company and Ethan Rudin
X
31.1
Certification of the Principal Executive Officer pursuant to Rule 13a-14(a)/15d-14(a)
X
31.2
Certification of the Principal Financial Officer pursuant to Rule 13a-14(a)/15d-14(a)
X
32.1*
Certification of the Principal Executive Officer pursuant to Section 1350
X
32.2*
Certification of the Principal Financial Officer pursuant to Section 1350
X
101.INS
Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
X
101.SCH
Inline XBRL Taxonomy Extension Schema with Embedded Linkbase Documents
X
104.
Cover Page Interactive Data File (embedded within the Inline XBRL document)
X
* This certification is being furnished and shall not be deemed “filed” with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that the Registrant specifically incorporates it by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
BRIGHT MOUNTAIN MEDIA, INC.
May 12, 2025
By:
/s/ Matthew Drinkwater
Matthew Drinkwater,
Interim Chairman of the Board and Chief Executive Officer
(Principal Executive Officer)
/s/ Ethan Rudin
Ethan Rudin,
Chief Financial Officer
(Principal Financial and Accounting Officer)
46
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.