{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-26-003109","form_type":"8-K","ticker":"ASPN","cik":"0001145986","company_name":"ASPEN AEROGELS INC","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.010292+00:00","generated_at":"2026-05-14T21:24:57.714855+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Aspen Aerogels Q1 revenue falls 52% YoY to $37.9M; adjusted loss per share $0.28 vs $0.06 prior year","bullets":["Revenue $37.9M, down from $78.7M; thermal barrier segment revenue dropped 67% to $16.3M on reduced customer demand.","Net loss $23.7M vs $301.2M (prior year included $286.6M impairment); adjusted net loss $23.3M vs $4.8M.","Adjusted EBITDA negative $12.7M vs positive $4.9M in prior year; cash balance $175.6M, up from $158.6M year-end.","Received $37.6M cash from GM commercial settlement; $3.5M recognized as revenue in Q1, remaining $4.9M/quarter through 2027.","East Providence manufacturing facility to have staged restart in May 2026; secured additional subsea pipeline award for Q3 delivery."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-003109","json":"https://secwatch.observer/filing/0001171843-26-003109.json","markdown":"https://secwatch.observer/filing/0001171843-26-003109.md","text":"https://secwatch.observer/filing/0001171843-26-003109.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1145986/000117184326003109/0001171843-26-003109-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1145986/000117184326003109/f8k_050726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:24:57.714855+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":"5d15f83a752c21607713e09792c1eb013fdbde14","claim":"ASPEN AEROGELS INC reported first quarter of 2026 results: revenue $37.9 million, net income Net loss was $23.7 million, EPS Net loss per share was $0.29.","evidence_excerpt":"Total revenue for the first quarter of 2026 was $37.9 million, compared to $78.7 million in the prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1145986/000117184326003109/0001171843-26-003109-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026"},{"label":"Revenue","value":"$37.9 million"},{"label":"Net income","value":"Net loss was $23.7 million"},{"label":"EPS","value":"Net loss per share was $0.29"},{"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"}