{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-056990","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.049455+00:00","generated_at":"2026-06-02T06:39:13.534668+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TerrAscend Q1 net rev $80.6M (+16% YoY); adj EBITDA $16.2M (+33%); operating cash flow $13.3M","bullets":["Net revenue $80.6M, +16.1% YoY; gross margin 48.0% vs 48.8% in Q1 2023.","Net loss from continuing ops improved to $14.9M from $19.2M in Q1 2023.","Adjusted EBITDA $16.2M, up 33% YoY; margin 20.1% vs 17.6%.","Operating cash flow $13.3M; free cash flow $10.5M; debt paydown $9.8M.","Seventh consecutive quarter of positive operating cash flow; Pennsylvania wholesale sales up 80% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-056990","json":"https://secwatch.observer/filing/0000950170-24-056990.json","markdown":"https://secwatch.observer/filing/0000950170-24-056990.md","text":"https://secwatch.observer/filing/0000950170-24-056990.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017024056990/0000950170-24-056990-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017024056990/tsndf-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:39:13.534668+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":"2ed9a0b84b970ea63791342b0c131cbd62a529b6","claim":"TerrAscend Corp. reported first quarter ended March 31, 2024 results: revenue Net Revenue was $80.6 million.","evidence_excerpt":"except as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 TerrAscend Reports First Quarter 2024 Financial Results Net Revenue of $80.6 million, an increase of 16.1% year-over-year Cash Flow from operations of $13.3 million and Free Cash Flow 1 of $10.5 million in the quarter TORONTO, May 9, 2024 - TerrAscend Corp.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1778129/000095017024056990/0000950170-24-056990-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"Net Revenue was $80.6 million"},{"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"}