---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-203784"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:23:29.339401+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DIRTT Q2 revenue $44.7M, net loss $19.3M; CFO retires, GC departs

## Summary
- Revenue of $44.7M; gross profit margin 14.0% (adjusted 18.9%); net loss $19.3M.
- Adjusted EBITDA of -$9.4M; total liquidity $31.0M with $19.7M cash.
- CFO Geoffrey Krause retired July 27; entitled to termination payments.
- General Counsel Charles Kraus terminated without cause; replacement Nandini Somayaji appointed.
- Nandini Somayaji named SVP Talent, General Counsel and Corporate Secretary effective July 27.

## SEC filing metadata
- accession: 0001193125-22-203784
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000119312522203784/0001193125-22-203784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000119312522203784/d384071d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-203784
- JSON: https://secwatch.observer/filing/0001193125-22-203784.json
- Plain text: https://secwatch.observer/filing/0001193125-22-203784.txt

## Key facts
- Executive change
  Nandini Somayaji was appointed as Senior Vice President, Talent, General Counsel and Corporate Secretary at DIRTT ENVIRONMENTAL SOLUTIONS LTD.
  - Action: appointed
  - Role: Senior Vice President, Talent, General Counsel and Corporate Secretary
  source text: On July 24, 2022, the Company’s Board of Directors appointed Nandini Somayaji to serve as the Company’s Senior Vice President, Talent, General Counsel and Corporate Secretary, effective July 27, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000119312522203784/0001193125-22-203784-index.htm
- Executive change
  Charles R. Kraus departed as Senior Vice President, General Counsel and Corporate Secretary at DIRTT ENVIRONMENTAL SOLUTIONS LTD.
  - Action: ceased
  - Role: Senior Vice President, General Counsel and Corporate Secretary
  source text: On July 27, 2022, Charles R. Kraus’s employment with the Company and his appointment as Senior Vice President, General Counsel and Corporate Secretary of the Company ceased pursuant to the without just cause termination provisions of Mr. Kraus’ Executive Employment Agreement with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000119312522203784/0001193125-22-203784-index.htm
- Executive change
  Geoffrey D. Krause retired as Chief Financial Officer at DIRTT ENVIRONMENTAL SOLUTIONS LTD.
  - Action: retired
  - Role: Chief Financial Officer
  source text: On July 27, 2022, Geoffrey D. Krause announced, and the Board accepted, his retirement as Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000119312522203784/0001193125-22-203784-index.htm

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