{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-019724","form_type":"8-K","ticker":"RAIL","cik":"0001320854","company_name":"FreightCar America, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.372977+00:00","generated_at":"2026-06-15T08:28:26.437364+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FreightCar America Q1 net loss $5M, revenue $81M; reaffirms FY2023 outlook","bullets":["Revenue $81.0M on 738 railcar deliveries; gross margin 9.2% ($7.5M gross profit).","Net loss ($5.0M) or ($0.19)/share; Adjusted Net Loss ($5.7M) or ($0.21)/share.","Adjusted EBITDA $2.1M vs $3.3M in Q1 2022 and $1.2M in prior quarter.","Received orders for 1,960 railcars; backlog 3,667 railcars valued at $413M.","Signed deal to issue non-convertible preferred stock to reduce debt and provide growth capital."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-019724","json":"https://secwatch.observer/filing/0000950170-23-019724.json","markdown":"https://secwatch.observer/filing/0000950170-23-019724.md","text":"https://secwatch.observer/filing/0000950170-23-019724.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320854/000095017023019724/0000950170-23-019724-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320854/000095017023019724/rail-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:28:26.437364+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":[{"claim_id":"8020f686a00d68eeb3b8a89a1ca0ec4c6ed52ff0","claim":"FreightCar America, Inc. reported the first quarter ended March 31, 2023 results: revenue $81.0 million, net income ($5.0) million, EPS ($0.19) per share. Guidance reaffirmed.","evidence_excerpt":"FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer of railroad freight cars, today reported results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights • Revenues of $81.0 million on deliveries of 738 railcars, compared to revenues of $129.0 million on deliveries of 1,150 railcars in the prior quarter and revenues of $93.2 million on deliveries of 783 railcars in the first quarter of 2022 • Gross margin of 9.2% with gross profit of $7.5 million, compared to gross margin of 3.6% with gross profit of $4.6 million in the prior quarter and gross margin of 10.8% with gross profit of $10.1 million in the first quarter of 2022 • Net loss of ($5.0) million, or ($0.19) per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320854/000095017023019724/0000950170-23-019724-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$81.0 million"},{"label":"Net income","value":"($5.0) million"},{"label":"EPS","value":"($0.19) per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}