Core Insights - Advances in artificial intelligence (AI) are transforming the global economy, with BigBear.ai emerging as a leader in AI-powered decision intelligence solutions [1][2] - BigBear.ai specializes in operationalizing AI and machine learning for mission-critical intelligence and national defense applications [4] Company Overview - BigBear.ai is focused on developing AI solutions rather than merely adding AI features to existing products [4] - The company has established credibility through high-profile clients, including the U.S. Department of Homeland Security and the U.S. Army, in areas such as autonomous systems and cybersecurity [5] Product and Market Applications - BigBear.ai's Vision AI technology is utilized by airlines and airports for passenger screening, with potential applications in supply chain logistics [6] - The company aims to capture growing AI demand across multiple industries, positioning itself for future growth [6] Financial Performance - In Q1 2025, BigBear.ai reported revenue of $34.8 million, a 5% year-over-year increase, driven by new contracts [8] - The company experienced an adjusted EBITDA loss of $7 million, widening from a $1.6 million loss in the prior-year quarter, due to increased spending [9] - BigBear.ai's current order backlog is $385 million, up 30% from the previous year, indicating potential for stronger growth [10] Future Outlook - The company projects full-year revenue between $160 million and $180 million, representing an 8% increase from 2024 [10] - Management expresses optimism about narrowing recurring losses and targeting adjusted EBITDA in the "negative single-digit millions" for 2025 [10] Competitive Landscape - BigBear.ai faces competition from larger tech companies like Palantir Technologies and Booz Allen Hamilton, which have greater financial resources [11] - The sustainability of BigBear.ai's proprietary technology and its ability to maintain an innovative edge remain uncertain [12] Investment Considerations - The next several quarters are critical for BigBear.ai to demonstrate commercial traction and the success of its growth initiatives [13] - Without significant catalysts, a cautious approach may be advisable for potential investors [13]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased BigBear.ai securities between March 31, 2022, and March 25, 2025, of the upcoming lead plaintiff deadline on June 10, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased BigBear.ai securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 10, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that BigBear.ai made false and misleading statements and failed to disclose deficiencies in accounting review policies related to complex transactions [5]. - Specific allegations include improper accounting for the 2026 Convertible Notes and the likelihood of needing to restate previously issued financial statements [5]. - The inaccuracies in financial statements increased the risk of delays in filing reports with the SEC, leading to material misstatements in public disclosures [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of BigBear.ai Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and accounting errors during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 31, 2022, to March 25, 2025 [3]. - Allegations include that BigBear maintained deficient accounting review policies, leading to incorrect accounting for the 2026 Convertible Notes and misstatements in financial statements [3]. Financial Reporting Issues - The company allegedly failed to disclose that the conversion option within the 2026 Convertible Notes did not qualify for the derivative scope exception under ASC 815-40, resulting in improper accounting [3]. - As a consequence, BigBear's financial statements were inaccurate and likely to require restatement, increasing the risk of delays in filing reports with the SEC [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 10, 2025, to monitor the case's progress [4]. - Registration allows shareholders to receive updates and does not incur any costs or obligations [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [5].

Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for alleged violations of federal securities laws, specifically regarding misleading statements about accounting practices and financial disclosures [1]. Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased BigBear's securities between March 31, 2022, and March 25, 2025, encouraging them to contact the law firm before June 10, 2025 [1]. - The complaint claims that BigBear failed to maintain adequate accounting review policies, leading to misstatements in financial statements and necessitating a restatement of these documents [1]. - The company incorrectly assessed the conversion option in its 2026 Convertible Notes, believing it qualified for a derivative scope exception under Accounting Standards Codification (ASC) 815-40, and did not comply with ASC 815-15 regarding the bifurcation of the conversion option [1]. Group 2: Law Firm Background - DJS Law Group specializes in enhancing investor returns through securities class actions, corporate governance litigation, and M&A appraisals, representing large hedge funds and alternative asset managers [2].

Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for violations of securities laws, alleging that the company made false and misleading statements regarding its financial disclosures [1][4]. Group 1: Lawsuit Details - The lawsuit is based on alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased BigBear's securities between March 31, 2022, and March 25, 2025, are encouraged to participate in the class action [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against BigBear - The complaint states that BigBear failed to maintain adequate accounting review policies for complex transactions [4]. - The company incorrectly believed that the conversion option in its 2026 Convertible Notes qualified for a derivative scope exception, leading to non-compliance with relevant accounting standards [4]. - As a result of these issues, BigBear is expected to restate its previously issued financial statements, which were found to be materially misleading [4].

Core Viewpoint - A securities class action lawsuit has been filed against BigBear.ai Holdings, Inc. for alleged accounting deficiencies and misstatements during the Class Period from March 31, 2022, to March 25, 2025 [1][4]. Company Overview - BigBear.ai Holdings, Inc. is an AI-driven technology company based in McLean, VA, specializing in national security, supply chain management, and digital identity and biometrics solutions [3]. - The company went public through a business combination with GigCapital4, Inc. in December 2021 and issued $200 million in convertible notes maturing on December 15, 2026 [3]. Allegations and Financial Impact - The lawsuit alleges that BigBear failed to disclose deficiencies in its accounting review policies and incorrectly accounted for the conversion option within its 2026 Notes, violating Accounting Standards Codification [4]. - On March 18, 2025, BigBear announced that certain financial statements since fiscal year 2021 should no longer be relied upon, leading to a stock price drop of $0.52 (14.9%) to $2.97 per share [5]. - Following the filing of its 2024 10-K on March 25, 2025, which disclosed a material weakness in internal controls and restated financial statements, the stock price fell an additional $0.32 (9.11%) to close at $3.19 per share on March 26, 2025 [6].

NEW YORK, June 9, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of BigBear.ai Holdings, Inc. (NYSE: BBAI).Shareholders who purchased shares of BBAI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bigbear-ai-holdings-inc-loss-submission-form/?id=151907&from=4CLASS PERIOD: March ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased BigBear.ai Holdings, Inc. securities between March 31, 2022, and March 25, 2025, of the June 10, 2025, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased BigBear.ai securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by June 10, 2025, to serve as lead plaintiff [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Case Allegations - The lawsuit alleges that BigBear.ai made false and misleading statements and failed to disclose deficiencies in accounting review policies related to certain complex transactions [4] - Specific allegations include improper accounting for the 2026 Convertible Notes and the likelihood of needing to restate previously issued financial statements [4] - The inaccuracies in financial statements are said to have increased the risk of delays in filing reports with the SEC, leading to material misstatements in public disclosures [4]

Group 1: Core Insights - OpenAI's ChatGPT has identified two small-cap stocks, BigBear.ai and Solid Power, with potential for significant returns over the next five years, aligned with major megatrends [1][2] - Both companies are supported by notable institutional and corporate backers, which enhances their growth prospects despite the inherent volatility of small-cap stocks [2] Group 2: BigBear.ai (NYSE: BBAI) - BigBear.ai has a market cap of approximately $1.12 billion and specializes in AI-driven decision support systems for national defense, logistics, and intelligence [3] - The company has secured a $13.2 million contract with the U.S. Department of Defense to deliver the ORION Decision Support Platform, which aids in automated force management [4] - A partnership with Palantir positions BigBear at the center of the growing AI defense ecosystem, with a potential valuation of $5 to $10 billion if it can establish itself as a trusted AI solution [5] - As of the latest data, BBAI shares were trading at $3.85, reflecting a decline of over 6% year-to-date [6] Group 3: Solid Power (NASDAQ: SLDP) - Solid Power has a market cap of $288.77 million and focuses on developing solid-state batteries that could revolutionize the electric vehicle industry [7] - Backed by major automotive players like BMW and Ford, Solid Power's technology is positioned for success in the next-generation battery market [8] - The company aims for a $10 billion valuation if it can successfully commercialize its batteries and secure licensing agreements with automakers [8] - SLDP shares were trading at $1.61, down 22% year-to-date, indicating execution challenges and competition from larger firms [9]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased BigBear.ai securities between March 31, 2022, and March 25, 2025, of the upcoming lead plaintiff deadline on June 10, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased BigBear.ai securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 10, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that BigBear.ai made false and misleading statements and failed to disclose deficiencies in accounting review policies related to complex transactions [5]. - Specific allegations include improper accounting for the 2026 Convertible Notes and the likelihood of needing to restate previously issued financial statements [5]. - The inaccuracies in financial statements are claimed to have caused investor damages when the true details became public [5].