secwatch.observer — SEC 8-K summary
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Issuer:     iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)
CIK:        0001643154
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0000950170-23-042493
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iAnthus Q2 revenue $38.7M, down 11% YoY; adjusted EBITDA turns negative $0.4M
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- Revenue $38.7M, up 5.2% sequentially but down 11.0% YoY from $43.5M.
- Gross margin improved to 47.5% from 45.2% YoY; gross profit $18.4M.
- Net loss $20.1M ($0.00/share); vs $18.6M loss in Q1 2023 and $373.6M loss in Q2 2022.
- Adjusted EBITDA loss of $0.4M versus positive $0.9M in Q1 2023 and $2.3M in Q2 2022.
- Non-recurring charges of $1.1M from recapitalization, strategic review, and legal disputes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643154/000095017023042493/0000950170-23-042493-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643154/000095017023042493/ithuf-20230814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-042493

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer