{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-059107","form_type":"8-K","ticker":null,"cik":"0001477246","company_name":"S&W Seed Co","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.584270+00:00","generated_at":"2026-06-02T00:41:13.903955+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"S&W Seed Q3 revenue $18.3M (+3.7% YoY); cuts FY24 revenue & EBITDA guidance on MENA disruptions","bullets":["Q3 GAAP net loss $5.5M ($0.13/share) vs net income $32.1M in prior year (included $38.3M gain).","Adjusted EBITDA loss $1.2M vs ($0.4M) prior year; gross margin improved to 27.4% from 25.1%.","Cuts FY24 revenue guidance to $67-70M from prior expectations; international ops hit by MENA geopolitical disruptions and Saudi forage import ban.","Also cuts FY24 adjusted EBITDA guidance to ($8.5M)-($6.0M) from ($7.5M)-($4.0M); sees $6-7M revenue impact from MENA.","Double Team sorghum expected on >10% of US sorghum acres; FY24 Double Team revenue reaffirmed at $11.5-14M (+77-115% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-059107","json":"https://secwatch.observer/filing/0000950170-24-059107.json","markdown":"https://secwatch.observer/filing/0000950170-24-059107.md","text":"https://secwatch.observer/filing/0000950170-24-059107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477246/000095017024059107/0000950170-24-059107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477246/000095017024059107/sanw-20240514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:41:13.903955+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":"dbd6a3cb1f0fd874940c01d31fd7b5c84f7b0c33","claim":"S&W Seed Co reported third quarter of fiscal year 2024 ended March 31, 2024 results: revenue $18.3 million, net income ($5.5) million, or ($0.13) per basic and diluted share. Guidance lowered.","evidence_excerpt":"Seed Company (Nasdaq: SANW) today announced financial results for the three months ended March 31, 2024. Financial Highlights • Revenue for the third quarter of fiscal 2024 was $18.3 million, a 3.7% increase compared to the third quarter of fiscal 2023. Double Team TM sorghum revenue was $3.4 million in the third quarter of fiscal 2024 compared to $3.8 million in the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477246/000095017024059107/0000950170-24-059107-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal year 2024 ended March 31, 2024"},{"label":"Revenue","value":"$18.3 million"},{"label":"Net income","value":"($5.5) million, or ($0.13) per basic and diluted share"},{"label":"Guidance","value":"lowered"},{"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"}