{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-099257","form_type":"8-K","ticker":"APEI","cik":"0001201792","company_name":"AMERICAN PUBLIC EDUCATION INC","filed_at":"2025-10-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.949211+00:00","generated_at":"2026-05-17T03:51:06.771905+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"APEI expects Q3 revenue to exceed guidance; govt shutdown to cut Oct revenue by $9.6M","bullets":["Q3 2025 consolidated revenue expected to exceed top-end of previously disclosed guidance (Aug 6).","APUS net course registrations for Q3 also expected to exceed top-end of guidance.","Due to federal shutdown, ~12,700 APUS course registrations dropped on Oct 11 for non-payment of TA funds.","October 2025 revenue estimated $9.6M lower than otherwise; net course registrations down ~35% YoY in Oct.","Company evaluating mitigation; full Q4/full-year impact not yet determinable."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-099257","json":"https://secwatch.observer/filing/0001104659-25-099257.json","markdown":"https://secwatch.observer/filing/0001104659-25-099257.md","text":"https://secwatch.observer/filing/0001104659-25-099257.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1201792/000110465925099257/0001104659-25-099257-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1201792/000110465925099257/tm2528712d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:51:06.771905+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"}