{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-026114","form_type":"8-K","ticker":"TH","cik":"0001712189","company_name":"Target Hospitality Corp.","filed_at":"2026-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.976164+00:00","generated_at":"2026-05-15T14:52:24.714142+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Target Hospitality reports FY2025 revenue $320.6M, net loss $37.1M; secures over $740M in new contracts","bullets":["Revenue $320.6M; net loss $37.1M ($0.37 loss per share); Adjusted EBITDA $53.2M.","Zero net debt; total liquidity $183M as of Dec 31, 2025.","New $129M contract (1,400 beds) supporting West Texas power/data center development.","New $23M contract (400 beds) supporting natural gas power generation near Pecos, TX.","Over $740M in multi-year contracts since Feb 2025, incl. $246M Dilley, $175M Workforce Hub."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-026114","json":"https://secwatch.observer/filing/0001104659-26-026114.json","markdown":"https://secwatch.observer/filing/0001104659-26-026114.md","text":"https://secwatch.observer/filing/0001104659-26-026114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1712189/000110465926026114/0001104659-26-026114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1712189/000110465926026114/th-20260311x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T14:52:24.714142+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"}