---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-065881"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T07:20:55.158608+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DIRTT Q1 revenue $41.3M (+1% YoY); net loss $0.7M vs prior-year net income of $3.0M

## Summary
- Gross margin 35.2% vs 35.9% YoY; tariff costs of $0.6M (1.4% of revenue) from US/Canada tariffs.
- Adjusted EBITDA $2.1M (5.1% of revenue) vs $2.7M (6.5%) in Q1 2024.
- Liquidity $36.0M at Mar 31, down from $39.3M at Dec 31, 2024.
- Repurchased 3,920,844 shares from NGEN at C$0.80/share; credit facility extended with RBC to Nov 2025, max increased to C$25M.
- Falkbuilt lawsuit dismissed in US on procedural grounds; Canadian trial scheduled to start Feb 2, 2026.

## SEC filing metadata
- accession: 0000950170-25-065881
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000095017025065881/0000950170-25-065881-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000095017025065881/drttf-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-065881
- JSON: https://secwatch.observer/filing/0000950170-25-065881.json
- Plain text: https://secwatch.observer/filing/0000950170-25-065881.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.