{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-057728","form_type":"8-K","ticker":"APEI","cik":"0001201792","company_name":"AMERICAN PUBLIC EDUCATION INC","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.170305+00:00","generated_at":"2026-06-15T08:17:36.245748+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"APEI Q1 net loss $7.2M vs prior-year net income; revenue down 3.3% to $149.7M","bullets":["Net loss available to common stockholders of $7.2M ($0.38 per diluted share) vs net income of $5.3M ($0.28) a year ago.","Consolidated revenue fell 3.3% YoY to $149.7M, driven by 14.4% drop in Rasmussen segment revenue.","Adjusted EBITDA declined 59.7% to $7.0M, reflecting higher costs and transition fees from terminating Collegis contract.","APUS net course registrations up 2% YoY; Hondros total enrollment up 10%; Rasmussen enrollment down 12%.","Appointed Paula Singer as President of Rasmussen University to lead enrollment turnaround."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-057728","json":"https://secwatch.observer/filing/0001104659-23-057728.json","markdown":"https://secwatch.observer/filing/0001104659-23-057728.md","text":"https://secwatch.observer/filing/0001104659-23-057728.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1201792/000110465923057728/0001104659-23-057728-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1201792/000110465923057728/tm2315005d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:17:36.245748+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":"bb21b25a5256df12a995ad379bfefdbf6182ae94","claim":"AMERICAN PUBLIC EDUCATION INC reported the three months ended March 31, 2023 results: revenue $149.7 million, net income loss available to common stockholders was $7.2 million, EPS loss per diluted common share was $0.38.","evidence_excerpt":"31, 2023. First Quarter Highlights: · APUS, Hondros, and Graduate School all produced year-over-year enrollment growth · Consolidated revenue decreased 3.3% year-over-year to $149.7 million. · Total cash and cash equivalents was approximately $136.2 million, compared to $129.5 million as of December 31, 2022, representing an increase of $6.7 million or 5.2%. · Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1201792/000110465923057728/0001104659-23-057728-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$149.7 million"},{"label":"Net income","value":"loss available to common stockholders was $7.2 million"},{"label":"EPS","value":"loss per diluted common share was $0.38"},{"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"}