secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN KODAK CO (KODK)
CIK:        0000031235
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0000950170-25-106571
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodak Q2 net loss $26M; going concern doubt raised on debt obligations
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- GAAP net loss of $26M vs net income of $26M in Q2 2024; revenue $263M, down 1% YoY.
- Operational EBITDA $9M, down 25% YoY; lower volumes and higher aluminum and manufacturing costs.
- Substantial doubt about going concern due to debt and preferred stock; pension reversion plan not solely within control.
- AM&C pharma facility FDA-registered; will start PBS production, bridge to injectable IV saline.
- Cash $155M, down $46M from Dec 31, 2024; Q2 cash use improved to $3M reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31235/000095017025106571/0000950170-25-106571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31235/000095017025106571/kodk-20250811.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-106571

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