{"schema_version":"secwatch.filing_event.v1","accession":"0000095953-25-000074","form_type":"8-K","ticker":"ACNT","cik":"0000095953","company_name":"ASCENT INDUSTRIES CO.","filed_at":"2025-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.760544+00:00","generated_at":"2026-05-17T20:20:20.048527+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ascent Industries Q2 net sales $18.7M, gross margin 26.1% vs 13.1% YoY; completes tubular divestitures","bullets":["Net sales from continuing ops $18.7M, down 13% YoY; gross profit $4.9M (+73%) with margin expanding 1,298 bps to 26.1%.","Net loss from continuing ops widened to $(2.4)M ($(0.25) diluted EPS) vs $(1.5)M ($(0.14)) a year ago.","Adjusted EBITDA flat at $(0.3)M; margin slipped to (1.8)% from (1.3)% on lower sales volume.","Completed sale of BRISMET ($45M cash) and ASTI ($16M cash) in Q2, exiting tubular business.","Repurchased 644,171 shares (~6% of outstanding) at avg $12.15/share for $7.8M; cash $60.5M, no debt."],"urls":{"canonical":"https://secwatch.observer/filing/0000095953-25-000074","json":"https://secwatch.observer/filing/0000095953-25-000074.json","markdown":"https://secwatch.observer/filing/0000095953-25-000074.md","text":"https://secwatch.observer/filing/0000095953-25-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/95953/000009595325000074/0000095953-25-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/95953/000009595325000074/acnt-20250806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:20:20.048527+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}