---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-148778"
form_type: "8-K"
ticker: "ITHUF"
cik: "0001643154"
company_name: "iANTHUS CAPITAL HOLDINGS, INC."
filed_at: "2022-05-12T23:59:59+00:00"
generated_at: "2026-06-25T18:32:31.512954+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# iAnthus Q1 revenue $42.8M down 17% YoY; net loss $10.1M; liquidity constraints persist

## Summary
- Revenue of $42.8M, down 17% YoY and 10% sequentially; gross margin 52.6% improved QoQ but down YoY.
- Net loss $10.1M ($0.06/share) vs $19.5M loss in Q1 2021; Adjusted EBITDA $3.4M vs $13.0M YoY.
- Debt default continues: $97.5M secured notes + $60M unsecured debentures; accrued interest and exit fees of $15.8M.
- Restructuring support agreement proposes issuance of 6.07B common shares to extinguish debt; subject to regulatory and CSE approval.
- Liquidity constraints led to missed interest payments; ongoing recapitalization transaction.

## SEC filing metadata
- accession: 0001193125-22-148778
- form_type: 8-K
- ticker: ITHUF
- cik: 0001643154
- company_name: iANTHUS CAPITAL HOLDINGS, INC.
- filed_at: 2022-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643154/000119312522148778/0001193125-22-148778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643154/000119312522148778/d355646d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-148778
- JSON: https://secwatch.observer/filing/0001193125-22-148778.json
- Plain text: https://secwatch.observer/filing/0001193125-22-148778.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.