{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-268109","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.409595+00:00","generated_at":"2026-05-16T23:53:57.184903+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"TerrAscend Q3 revenue flat at $65.1M; gross margin up to 52.1%, adjusted EBITDA $17M","bullets":["Net revenue $65.1M (flat YoY); gross margin 52.1% (+110bps YoY). GAAP net loss $9.9M vs $15.8M a year ago.","Adjusted EBITDA from continuing ops $17.0M (26.1% margin) vs $16.9M in Q3 2024.","Net cash from ops $7.1M, free cash flow $4.9M – 13th consecutive quarter of positive cash from ops.","Completed $79M non-dilutive debt refinancing with added $35M uncommitted term facility for M&A.","Board authorized $10M share repurchase program over 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-268109","json":"https://secwatch.observer/filing/0001193125-25-268109.json","markdown":"https://secwatch.observer/filing/0001193125-25-268109.md","text":"https://secwatch.observer/filing/0001193125-25-268109.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000119312525268109/0001193125-25-268109-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000119312525268109/tsndf-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:53:57.184903+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}