{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-115232","form_type":"8-K","ticker":"APEI","cik":"0001201792","company_name":"AMERICAN PUBLIC EDUCATION INC","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.437428+00:00","generated_at":"2026-06-08T13:35:07.584693+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"APEI Q3 net loss narrows to $3.3M; adjusted EBITDA up 91% to $18.1M","bullets":["Consolidated revenue $150.8M (+0.9% YoY); net loss $3.3M vs $3.8M loss prior year.","Adjusted EBITDA $18.1M (+91.4% YoY) on cost controls; selling expenses down 18.6%.","APUS net course registrations +8% YoY; Hondros enrollment +17%; Rasmussen enrollment -10%.","Cash and cash equivalents $155.2M, up 19.9% from Dec 2022; $5.2M non-cash write-off on equity investment."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-115232","json":"https://secwatch.observer/filing/0001104659-23-115232.json","markdown":"https://secwatch.observer/filing/0001104659-23-115232.md","text":"https://secwatch.observer/filing/0001104659-23-115232.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1201792/000110465923115232/0001104659-23-115232-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1201792/000110465923115232/tm2329817d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T13:35:07.584693+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":"68edcf4b7a59e78026cd9687c4d5881e4042e9b0","claim":"AMERICAN PUBLIC EDUCATION INC reported quarter ended September 30, 2023 results: revenue $150.8 million, net income Net loss was $3.3 million, EPS Net loss per diluted common share was $0.27.","evidence_excerpt":"· Consolidated revenue increased 0.9% year-over-year to $150.8 million. · Net loss was $3.3 million, compared to net loss of $3.8 million in the prior year period. The loss includes a $5.2 million non-cash investment loss on a 2012 APEI minority equity investment in a company that has entered into an agreement to be sold resulting in no proceeds to APEI. · Net loss per diluted common share was $0.27, compared to a net loss per diluted common share of $0.20 in the same period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1201792/000110465923115232/0001104659-23-115232-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$150.8 million"},{"label":"Net income","value":"Net loss was $3.3 million"},{"label":"EPS","value":"Net loss per diluted common share was $0.27"},{"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"}