{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-089674","form_type":"8-K","ticker":"TMC","cik":"0001798562","company_name":"TMC the metals Co Inc.","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.554855+00:00","generated_at":"2026-05-31T09:23:41.290249+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"TMC metals reports Q2 2024 net loss of $20.2M, liquidity of $48.3M from credit facilities","bullets":["Net loss $20.2M ($0.06 loss per share) vs $14.1M ($0.05 loss) in Q2 2023.","Cash used in operations $12.1M; cash at June 30, 2024 was $0.5M, with short-term debt $5.9M.","Increased borrowing capacity on credit facilities by $7.5M in Aug 2024: ERAS/Barron to $25M, Allseas affiliate to $27.5M; total liquidity ~$48.3M.","Produced world-first cobalt sulfate from seafloor nodules; appointed Steve Jurvetson as Vice Chairman and Brendan May to board.","ISA continues Mining Code negotiations targeting 2025 adoption; U.S. House allocated $2M for nodule refining feasibility study."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-089674","json":"https://secwatch.observer/filing/0001104659-24-089674.json","markdown":"https://secwatch.observer/filing/0001104659-24-089674.md","text":"https://secwatch.observer/filing/0001104659-24-089674.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1798562/000110465924089674/0001104659-24-089674-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1798562/000110465924089674/tm2415212d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:23:41.290249+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"}