{"schema_version":"secwatch.filing_event.v1","accession":"0000318833-25-000036","form_type":"8-K","ticker":"TISI","cik":"0000318833","company_name":"TEAM INC","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.928543+00:00","generated_at":"2026-05-22T00:48:25.317132+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Team Inc. Q1 2025 net loss $29.7M; revenue $198.7M; refinancing completed","bullets":["Revenue of $198.7M, gross margin 23.8%.","Net loss of $29.7M includes $11.9M loss on debt extinguishment from March refinancing.","Adjusted EBITDA of $5.3M (2.7% of revenue); adjusted SG&A improved to 22.7% of revenue.","Refinancing closed March 2025 extended maturities to 2030 and lowered blended rate by over 100 bps."],"urls":{"canonical":"https://secwatch.observer/filing/0000318833-25-000036","json":"https://secwatch.observer/filing/0000318833-25-000036.json","markdown":"https://secwatch.observer/filing/0000318833-25-000036.md","text":"https://secwatch.observer/filing/0000318833-25-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318833/000031883325000036/0000318833-25-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318833/000031883325000036/tisi-20250512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T00:48:25.317132+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"}