{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-038729","form_type":"8-K","ticker":"SHIM","cik":"0001887944","company_name":"Shimmick Corp","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.483141+00:00","generated_at":"2026-05-24T21:37:29.651810+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Shimmick Q4 net loss widens to $38M; FY2025 Adj EBITDA guided $15-25M","bullets":["Q4 revenue $104M (down 25% YoY); net loss $38M vs $17M loss a year ago; Adjusted EBITDA -$27M.","FY2024 revenue $480M (down 24%); net loss $125M; backlog $822M with 87% Shimmick Projects.","Legacy Projects gross margin -69% in Q4 (vs -17% prior year); Foundations -189%.","FY2025 guidance: Shimmick Projects rev +10-15% with gross margin 9-12%; Adj EBITDA $15-25M.","New $15M credit facility replaces MidCap revolver; liquidity $100M as of Jan 3, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-038729","json":"https://secwatch.observer/filing/0000950170-25-038729.json","markdown":"https://secwatch.observer/filing/0000950170-25-038729.md","text":"https://secwatch.observer/filing/0000950170-25-038729.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1887944/000095017025038729/0000950170-25-038729-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1887944/000095017025038729/shim-20250313.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T21:37:29.651810+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"}