secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN AEROGELS INC (ASPN)
CIK:        0001145986
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001171843-25-000772
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen Aerogels FY2024: Revenue $452.7M (+90% YoY), Net Income $13.4M
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- FY2024 revenue $452.7M (+90% YoY); net income $13.4M vs $45.8M loss in 2023.
- Q4 revenue $123.1M; net income $11.4M ($0.14 diluted EPS); adj. EBITDA $22.7M.
- Full-year adjusted EBITDA $89.9M vs -$22.9M in 2023.
- Ended year with $220.9M cash; generated $20.9M free cash flow in Q4.
- Awarded PyroThin thermal barrier contract for Volvo Truck commercial vehicle program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145986/000117184325000772/0001171843-25-000772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145986/000117184325000772/f8k_021225.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000772

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