---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-006380"
form_type: "8-K"
ticker: null
cik: "0001517006"
company_name: "Gatos Silver, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:58:53.318873+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gatos Silver restates cash flow statements; Q1 net income rises to $2.5M

## Summary
- Restates cash flow statements for three/nine months ended Sep 2023 and FY2023 due to LGJV capital distribution misclassification; no impact on income or balance sheet.
- Q1 2024 net income $2.5M ($0.04 EPS) vs $0.8M ($0.01 EPS) YoY; EBITDA $1.8M up 107%.
- Cash balance $70.6M at March 31, 2024 (+27% from Dec 2023); received $21M LGJV capital distribution in Q1.
- Full-year 2024 guidance: silver and silver-equivalent production expected in top half of range; AISC in lower half.
- Placed $4M into escrow for class action lawsuits (company share); insurers funded $20M.

## SEC filing metadata
- accession: 0000950103-24-006380
- form_type: 8-K
- cik: 0001517006
- company_name: Gatos Silver, Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517006/000095010324006380/0000950103-24-006380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517006/000095010324006380/dp210912_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-006380
- JSON: https://secwatch.observer/filing/0000950103-24-006380.json
- Plain text: https://secwatch.observer/filing/0000950103-24-006380.txt

## Key facts
- Earnings Releases
  Gatos Silver, Inc. reported financial results for the quarter ended March 31, 2024.
  - Period: the quarter ended March 31, 2024
  - Result: reported results
  source text: On May 6, 2024, Gatos Silver, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517006/000095010324006380/0000950103-24-006380-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.