{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-102148","form_type":"8-K","ticker":"APEI","cik":"0001201792","company_name":"AMERICAN PUBLIC EDUCATION INC","filed_at":"2021-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.399883+00:00","generated_at":"2026-06-29T18:04:47.208880+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"American Public Education Q2 revenue down 5%; EPS $0.03 vs $0.45; APUS registrations drop 8%","bullets":["Consolidated revenue $78.0M (-5% YoY); net income $0.5M ($0.03 diluted EPS) vs $6.7M ($0.45) in Q2 2020.","Adjusted EBITDA $9.9M, down 36% from $15.5M; cash & equivalents $317.0M (includes $86.2M from public offering).","APUS net course registrations fell 8% to 82,600; HCN enrollment rose 36% to record 2,380.","CEO cites Army IgnitED portal outage as key headwind for APUS; Rasmussen acquisition on track to close in Q3.","Diluted share count increased to 18.8M from 14.9M due to March 2021 public offering of 3.68M shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-102148","json":"https://secwatch.observer/filing/0001104659-21-102148.json","markdown":"https://secwatch.observer/filing/0001104659-21-102148.md","text":"https://secwatch.observer/filing/0001104659-21-102148.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1201792/000110465921102148/0001104659-21-102148-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1201792/000110465921102148/tm2124519d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T18:04:47.208880+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"}