{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-219444","form_type":"8-K","ticker":"ITHUF","cik":"0001643154","company_name":"iANTHUS CAPITAL HOLDINGS, INC.","filed_at":"2026-05-12T20:12:23+00:00","discovered_at":"2026-05-12T20:13:00.297959+00:00","generated_at":"2026-05-12T20:15:26.902352+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"iAnthus Q1 revenue $33.5M, net loss $14.3M; Adjusted EBITDA $3.4M","bullets":["Revenue of $33.5M, down $4.6M YoY and $1.8M sequentially from Q4 2025.","Gross profit $15.9M (47.5% margin), up 477 bps sequentially but down 201 bps YoY.","Net loss $14.3M vs net income $5.2M in Q1 2025; loss per share less than $0.00.","Adjusted EBITDA $3.4M vs $3.2M in Q1 2025; sequentially down from $5.4M in Q4 2025.","Interest expense $4.0M; depreciation & amortization $4.7M; income tax expense $7.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-219444","json":"https://secwatch.observer/filing/0001193125-26-219444.json","markdown":"https://secwatch.observer/filing/0001193125-26-219444.md","text":"https://secwatch.observer/filing/0001193125-26-219444.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526219444/0001193125-26-219444-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526219444/ithuf-20260512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T20:15:26.902352+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":"788f9302fc9f15e5722edf2479af5189f21369a3","claim":"iANTHUS CAPITAL HOLDINGS, INC. reported first quarter ended March 31, 2026 results: net income Net loss of $14.3 million, EPS net loss of less than $0.00 per share.","evidence_excerpt":"in accordance with U.S. generally accepted accounting principles (“GAAP”). All currency is expressed in U.S. dollars. First Quarter 2026 Financial Highlights • Revenue of $33.5 million, a sequential decrease of $1.8 million from Q4 2025, and a decrease of $4.6 million from the same quarter in the prior year. • Gross profit of $15.9 million, a sequential","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526219444/0001193125-26-219444-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Net income","value":"Net loss of $14.3 million"},{"label":"EPS","value":"net loss of less than $0.00 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"788f9302fc9f15e5722edf2479af5189f21369a3","claim":"iANTHUS CAPITAL HOLDINGS, INC. reported first quarter ended March 31, 2026 results: net income Net loss of $14.3 million, EPS net loss of less than $0.00 per share.","evidence_excerpt":"• Revenue of $33.5 million, a sequential decrease of $1.8 million from Q4 2025, and a decrease of $4.6 million from the same quarter in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526219444/0001193125-26-219444-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Net income","value":"Net loss of $14.3 million"},{"label":"EPS","value":"net loss of less than $0.00 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"788f9302fc9f15e5722edf2479af5189f21369a3","claim":"iANTHUS CAPITAL HOLDINGS, INC. reported first quarter ended March 31, 2026 results: net income Net loss of $14.3 million, EPS net loss of less than $0.00 per share.","evidence_excerpt":"• Net loss of $14.3 million, or a net loss of less than $0.00 per share, compared to a net loss of $14.1 million, or a net loss of less than $0.00 per share in Q4 2025, and compared to a net income of $5.2 million, or a net income of less than $0.00 per share, in the same quarter in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526219444/0001193125-26-219444-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Net income","value":"Net loss of $14.3 million"},{"label":"EPS","value":"net loss of less than $0.00 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"85911b88e305a96edb7398b93e55f2f5a21ea457","claim":"iANTHUS CAPITAL HOLDINGS, INC. reported Q1 2026 results: revenue $33,510 (thousands), net income $(14,309) (thousands), EPS $(0.00) per share.","evidence_excerpt":"Table 1: Financial Results in thousands of US$, except per share amounts (unaudited) Q1 2026 Q4 2025 Q1 2025 Revenue $ 33,510 $ 35,290 $ 38,121 Gross profit 15,921 15,085 18,878 Gross margin 47.5% 42.7% 49.5% Net income (loss) (14,309) (14,090) 5,150 Net income (loss) per share (0.00) (0.00) 0.00","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643154/000119312526219444/0001193125-26-219444-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 2026"},{"label":"Revenue","value":"$33,510 (thousands)"},{"label":"Net income","value":"$(14,309) (thousands)"},{"label":"EPS","value":"$(0.00) 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"}