{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-002426","form_type":"8-K","ticker":"ASPN","cik":"0001145986","company_name":"ASPEN AEROGELS INC","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.467391+00:00","generated_at":"2026-06-03T02:09:26.050437+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Aspen Aerogels Q1 revenue $94.5M, Adjusted EBITDA $12.9M, raises FY2024 EBITDA outlook 83%","bullets":["Revenue $94.5M, up 107% YoY from $45.6M; net loss narrowed to $1.8M from $16.8M.","Adjusted EBITDA of $12.9M, compared to $(13.9)M in Q1 2023; a $26.8M improvement.","Raising 2024 baseline Adjusted EBITDA outlook by 83%; expects positive net income for full year 2024.","Diluted EPS loss of $0.02, compared to loss of $0.24 in Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-002426","json":"https://secwatch.observer/filing/0001171843-24-002426.json","markdown":"https://secwatch.observer/filing/0001171843-24-002426.md","text":"https://secwatch.observer/filing/0001171843-24-002426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1145986/000117184324002426/0001171843-24-002426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1145986/000117184324002426/f8k_050124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:09:26.050437+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":"b31f37dd301423597e4f3dc6af71f1fbb07088ad","claim":"ASPEN AEROGELS INC reported first quarter of 2024 results: revenue $94.5 million, net income Net loss was $1.8 million, EPS Net loss per share was $0.02. Guidance raised.","evidence_excerpt":"Aspen Aerogels, Inc. Reports First Quarter 2024 Financial Results and Recent Business Highlights For Immediate Release $94.5 million in company revenue drove 37% gross profit margins and $12.9 million of Adjusted EBITDA Raising 2024 baseline Adjusted EBITDA outlook by 83% Expecting positive net income for 2024 NORTHBOROUGH, Mass., May 1, 2024 — Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the “Company”), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2024, and discussed recent business developments. Total revenue for the first quarter of 2024 was $94.5 million, compared to $45.6 million in the first quarter of 2023. Net loss was $1.8 million, compared to a net loss of $16.8 million in the first quarter of 2023. Net loss per share was $0.02, compared to a net loss per share of $0.24 in the first quarter of 2023. Adjusted EBITDA for the first quarter of 2024 was $12.9 million, compared to $(13.9) million in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1145986/000117184324002426/0001171843-24-002426-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$94.5 million"},{"label":"Net income","value":"Net loss was $1.8 million"},{"label":"EPS","value":"Net loss per share was $0.02"},{"label":"Guidance","value":"raised"},{"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"}