secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN AEROGELS INC (ASPN)
CIK:        0001145986
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001171843-25-002948
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen Aerogels Q1 revenue $78.7M, net loss $301.2M on $286.6M impairment
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- Total revenue $78.7M vs $94.5M in Q1 2024; operating cash flow $5.6M.
- Net loss of $301.2M includes $286.6M impairment from demobilizing Statesboro, GA plant.
- Adjusted net loss $4.8M; adjusted EBITDA $4.9M vs $12.9M a year ago.
- GAAP EPS loss $3.67; adjusted EPS loss $0.06.
- New PyroThin award with leading American OEM for next-gen prismatic LFP platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145986/000117184325002948/0001171843-25-002948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145986/000117184325002948/f8k_050825.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002948

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer