{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-002730","form_type":"8-K","ticker":"NOTV","cik":"0000720154","company_name":"Inotiv, Inc.","filed_at":"2023-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.875486+00:00","generated_at":"2026-06-20T17:20:33.325886+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Inotiv Q4 FY2022 net loss $243.6M includes $236M goodwill impairment; sees FY2023 rev ≥$580M","bullets":["Full year revenue $547.7M (up from $89.6M); net loss $(337.3)M vs net income $10.9M prior year.","Q4 revenue $150.5M (up from $30.1M); net loss $(243.6)M including $236M goodwill impairment in RMS.","Adjusted EBITDA FY 2022: $90.5M (16.5% of revenue) vs $9.3M (10.4%) prior year.","FY 2023 guidance: revenue ≥$580M, Adj. EBITDA ≥$75M; Q1 rev $118-122M due to NHP disruption.","Indictment of NHP supplier; company halts Cambodian NHP sales; credit agreement amendments restrict borrowing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-002730","json":"https://secwatch.observer/filing/0001104659-23-002730.json","markdown":"https://secwatch.observer/filing/0001104659-23-002730.md","text":"https://secwatch.observer/filing/0001104659-23-002730.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/tm232918d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T17:20:33.325886+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":[{"claim_id":"1bd233cd8d40159b0735b5419be4656a0af84d2e","claim":"Inotiv, Inc. reported the three months ended September 30, 2022 results: revenue $150.5 million, net income $(243.6) million. Guidance initiated.","evidence_excerpt":"Q4 FY 2022 Highlights · Revenue grew to $150.5 million in Q4 FY 2022 from $30.1 million during the three months ended September 30, 2021 (“Q4 FY 2021”), driven by a $14.1 million rise in DSA revenue and $106.3 million of incremental revenue from our RMS business. Favorable pricing for both segments and increased customer demand in DSA produced revenue exceeding acquisition contributions. · Consolidated net loss for Q4 FY 2022 was $(243.6) million, or (161.9)% of total revenue, compared to consolidated net income of $9.4 million, or 31.2% of total revenue in Q4 FY 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"$150.5 million"},{"label":"Net income","value":"$(243.6) million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e485467bce350284f9155501e18a5bc861b6ac52","claim":"Inotiv, Inc. reported FY 2023 results: revenue at least $580 million. Guidance initiated.","evidence_excerpt":"For FY 2023, we are providing guidance of at least $580 million of revenue and at least $75 million of Adjusted EBITDA.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023"},{"label":"Revenue","value":"at least $580 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"efc29b9cd6f2564eadc716d9ec45432790eaa8e2","claim":"Inotiv, Inc. reported the twelve months ended September 30, 2022 results: revenue $547.7 million, net income $(337.3) million. Guidance initiated.","evidence_excerpt":"FY 2022 Highlights · Revenue grew to $547.7 million in FY 2022 from $89.6 million during the twelve months ended September 30, 2021 (“FY 2021”), driven by a $75.7 million rise in Discovery and Safety Assessment (“DSA”) revenue and $382.4 million of incremental revenue from our Research Models and Services (“RMS”) business. Growth resulted primarily from acquisitions and growing customer demands along with favorable pricing. · Consolidated net loss for FY 2022 was $(337.3) million, or (61.6)% of total revenue, compared to consolidated net income of $10.9 million, or 12.2% of total revenue, in FY 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended September 30, 2022"},{"label":"Revenue","value":"$547.7 million"},{"label":"Net income","value":"$(337.3) million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}