{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-034652","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.820605+00:00","generated_at":"2026-05-25T06:58:20.392719+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"TerrAscend Q4 revenue flat at $74.4M; net loss includes $45.4M Michigan impairment","bullets":["Q4 net revenue $74.4M (+0.3% QoQ); FY24 revenue $306.7M (-3.3% YoY).","Q4 GAAP net loss $30.2M including $45.4M non-cash impairment on Michigan business.","Q4 Adj EBITDA $15.1M (20.3% margin) vs $13.7M in Q3; FY24 Adj EBITDA $60.7M (19.8% margin).","FY24 operating cash flow $38.0M; free cash flow $28.6M; 10th consecutive quarter positive OCF.","Closed $140M senior secured term loan at 12.75% maturing Aug 2028; initiated share repurchase program."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-034652","json":"https://secwatch.observer/filing/0000950170-25-034652.json","markdown":"https://secwatch.observer/filing/0000950170-25-034652.md","text":"https://secwatch.observer/filing/0000950170-25-034652.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017025034652/0000950170-25-034652-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017025034652/tsndf-20250306.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T06:58:20.392719+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}