{"schema_version":"secwatch.filing_event.v1","accession":"0001421461-23-000014","form_type":"8-K","ticker":"IPI","cik":"0001421461","company_name":"Intrepid Potash, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.797060+00:00","generated_at":"2026-06-16T00:46:54.166395+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Intrepid Potash Q1 net income falls 86% to $4.5M as potash prices decline 31% YoY","bullets":["Net income $4.5M ($0.35 diluted EPS) vs $31.4M ($2.31) in Q1 2022; sales $86.9M (-17%).","Potash segment: 89K tons sold (+29% YoY) but avg realized price $485/ton (-31%), gross margin $14.4M vs $29.1M.","Trio segment: 65K tons sold (-8%), avg price $344/ton (-27%), gross margin $1.5M vs $16.1M.","Adjusted EBITDA $16.4M vs $50.2M; cash from ops $8.4M vs $34.1M.","Liquidity $159.5M; capex guidance $60-75M for 2023; Q1 capex $21.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001421461-23-000014","json":"https://secwatch.observer/filing/0001421461-23-000014.json","markdown":"https://secwatch.observer/filing/0001421461-23-000014.md","text":"https://secwatch.observer/filing/0001421461-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421461/000142146123000014/0001421461-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421461/000142146123000014/ipi-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T00:46:54.166395+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":"2712399f8ec24b74b2481a8a679c96e258ba2f8c","claim":"Intrepid Potash, Inc. reported first quarter of 2023 results: revenue $86.9 million, net income $4.5 million (or $0.35 per diluted share), EPS $0.35 per diluted share.","evidence_excerpt":"\"Company\", \"we\", \"us\", \"our\") (NYSE:IPI) today reported its results for the first quarter of 2023. Key Highlights for First Quarter 2023 Financial & Operational • Total sales of $86.9 million, which compares to $104.4 million in the first quarter of 2022, as Potash and T rio ® average net realized sales prices (1) decreased to $485 and $344 per ton, respectively. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421461/000142146123000014/0001421461-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$86.9 million"},{"label":"Net income","value":"$4.5 million (or $0.35 per diluted share)"},{"label":"EPS","value":"$0.35 per diluted 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"}