{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-116301","form_type":"8-K","ticker":"TMC","cik":"0001798562","company_name":"TMC the metals Co Inc.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.499845+00:00","generated_at":"2026-06-08T07:18:56.854981+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TMC reports Q3 net loss of $12.5M, cash $22.5M; targeting Q4 2025 production","bullets":["Net loss of $12.5M ($0.04/share) vs $27.9M ($0.12/share) in Q3 2022; exploration expenses fell to $7.9M from $22.7M.","Cash $22.5M at Sep 30, 2023; total liquidity ~$56M including $9M from ERAS Capital and $25M undrawn credit facility.","Pre-feasibility study and Environmental Impact Statement underway; commercial production targeted as early as Q4 2025.","November 2023 offshore campaign to revisit nodule collector test site to strengthen EIS data.","Registered Direct Offering of up to 12.5M shares at $2.00/share expected gross proceeds of $24.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-116301","json":"https://secwatch.observer/filing/0001104659-23-116301.json","markdown":"https://secwatch.observer/filing/0001104659-23-116301.md","text":"https://secwatch.observer/filing/0001104659-23-116301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1798562/000110465923116301/0001104659-23-116301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1798562/000110465923116301/tm2324516d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T07:18:56.854981+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":"5d92b954668e83e7a18e1d2a2f49c26dc2f90a0f","claim":"TMC the metals Co Inc. reported third quarter ended September 30, 2023 results: net income Net loss of $12.5 million and net loss per share of $0.04 for the quarter ended September 30, 2023.","evidence_excerpt":"Net loss of $12.5 million and net loss per share of $0.04 for the quarter ended September 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1798562/000110465923116301/0001104659-23-116301-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"Net loss of $12.5 million and net loss per share of $0.04 for the quarter ended September 30, 2023"},{"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"}