{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-066973","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.679167+00:00","generated_at":"2026-05-22T05:07:08.472384+00:00","sec_items":["2.02","3.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TerrAscend Q1 revenue down 4.5% QoQ to $71M; margin expands to 51.8%; closes Ohio dispensary deal","bullets":["Q1 net revenue $71.0M (-4.5% vs Q4'24); gross margin 51.8% (+160bps QoQ).","GAAP net loss narrowed to $12.3M from $30.2M QoQ; Adjusted EBITDA $15.3M (21.6% margin).","Positive operating cash flow for 11th consecutive quarter; free cash flow $5.5M.","Closed acquisition of Ratio Cannabis dispensary in Ohio; signed definitive agreement for 4th NJ dispensary.","Issued ~4.57M common shares at $0.29/share as part of Ohio acquisition consideration."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-066973","json":"https://secwatch.observer/filing/0000950170-25-066973.json","markdown":"https://secwatch.observer/filing/0000950170-25-066973.md","text":"https://secwatch.observer/filing/0000950170-25-066973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017025066973/0000950170-25-066973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017025066973/tsndf-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T05:07:08.472384+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"}