{
  "schema_version": 1,
  "deck": {
    "company_hint": "Acme Robotics",
    "period": "2026-Q2",
    "meeting_date": "2026-07-14",
    "title": "Acme Robotics — Q2 2026 Board Deck",
    "truncated": false
  },
  "kpis": [
    {"name": "ARR", "canonical_name": "arr", "actual": 11.0, "unit": "$M", "period": "2026-Q2", "direction": "gte", "profitability": false, "target_in_deck": null, "source": "slide 3, financial summary", "notes": ""},
    {"name": "Logo Churn", "canonical_name": "churn_rate", "actual": 3.5, "unit": "%", "period": "2026-Q2", "direction": "lte", "profitability": false, "target_in_deck": null, "source": "slide 5, retention", "notes": ""},
    {"name": "EBITDA Margin", "canonical_name": "ebitda_margin", "actual": -3.0, "unit": "%", "period": "2026-Q2", "direction": "gte", "profitability": true, "target_in_deck": null, "source": "slide 4, P&L bridge", "notes": ""},
    {"name": "Cash Balance", "canonical_name": "cash_balance", "actual": 13.0, "unit": "$M", "period": "2026-Q2", "direction": "gte", "profitability": true, "target_in_deck": null, "source": "slide 4, balance sheet", "notes": ""}
  ],
  "forward_targets": [
    {"name": "ARR", "canonical_name": "arr", "target": 14.0, "unit": "$M", "target_period": "2026-Q3", "direction": "gte", "profitability": false, "source": "slide 9, guidance"}
  ],
  "red_flag_candidates": [
    {"code": "adjusted_metrics", "description": "EBITDA presented on an adjusted basis with no bridge to GAAP", "severity": 2, "evidence": "slide 4 footnote"}
  ],
  "narrative": {
    "summary": "Mixed Q2: ARR missed guidance at $11.0M vs $12.0M, churn beat, margin improved but missed the -2% target. Pipeline metric no longer reported.",
    "asks": ["Approve revised FY2026 hiring plan"]
  }
}