{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-128955","form_type":"8-K","ticker":"ITHUF","cik":"0001643154","company_name":"iANTHUS CAPITAL HOLDINGS, INC.","filed_at":"2026-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.729165+00:00","generated_at":"2026-05-15T08:38:42.329884+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"iAnthus FY2025 revenue down 14.1% to $144M; net loss widens to $40.2M","bullets":["FY2025 revenue $144.0M vs $167.6M prior year; net loss $40.2M vs $7.6M loss.","Adjusted EBITDA $13.0M, down $10.9M from FY2024; Q4 adjusted EBITDA $5.4M.","Gross margin improved to 45.6% (FY2025) from 44.8% (FY2024), up 80 bps.","Q4 2025 revenue $35.3M, net loss $14.1M; Q4 gross margin 42.7% down 206 bps YoY.","No guidance or forward outlook provided in the press release."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-128955","json":"https://secwatch.observer/filing/0001193125-26-128955.json","markdown":"https://secwatch.observer/filing/0001193125-26-128955.md","text":"https://secwatch.observer/filing/0001193125-26-128955.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526128955/0001193125-26-128955-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526128955/ithuf-20260327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:38:42.329884+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":"fd8b3b3313cf27eb83370025113dc2485350a83f","claim":"iANTHUS CAPITAL HOLDINGS, INC. reported the fiscal year ended December 31, 2025 results: revenue $144.0 million, net income $40.2 million, EPS less than $0.01 per share.","evidence_excerpt":"reported in accordance with U.S. generally accepted accounting principles (“GAAP”). All currency is expressed in U.S. dollars. Fiscal Year 2025 Financial Highlights • Revenue of $144.0 million, a decrease of 14.1% from the prior year. • Gross profit of $65.7 million, a decrease of 12.5% from the prior year. • Gross margin of 45.6%, reflecting an increase of 80 bps from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526128955/0001193125-26-128955-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2025"},{"label":"Revenue","value":"$144.0 million"},{"label":"Net income","value":"$40.2 million"},{"label":"EPS","value":"less than $0.01 per share"},{"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"}