{"schema_version":"secwatch.filing_event.v1","accession":"0001421461-24-000010","form_type":"8-K","ticker":"IPI","cik":"0001421461","company_name":"Intrepid Potash, Inc.","filed_at":"2024-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.140677+00:00","generated_at":"2026-06-05T02:31:26.252193+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 Q4 net loss $37.3M on $42.8M impairment; sales down 15% for 2023","bullets":["Full-year 2023 sales $279M vs $338M in 2022; net loss $35.7M ($2.80/sh) includes $43.3M impairment.","Adjusted EBITDA 2023 $41.6M; adjusted net loss $3.0M. Potash avg realized price $466/ton (-35% YoY).","Received $50M upfront from XTO amendment; additional guaranteed $50M payment and up to $100M possible.","Cash $35.4M as of March 1, 2024; liquidity $185.4M with zero revolver borrowings.","2024 capex guidance $40-50M; HB solution mine projects on track for higher production from H2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001421461-24-000010","json":"https://secwatch.observer/filing/0001421461-24-000010.json","markdown":"https://secwatch.observer/filing/0001421461-24-000010.md","text":"https://secwatch.observer/filing/0001421461-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421461/000142146124000010/0001421461-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421461/000142146124000010/ipi-20240306.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:31:26.252193+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":"7787b279ce6c02912d898845f0f8cf04856339ec","claim":"Intrepid Potash, Inc. reported fourth quarter and full-year 2023 results: revenue Total sales of $56.7 million in the fourth quarter and $279.1 million for the full-year 2023., net income Net loss of $37.3 million (or $2.91 per diluted share) and $35.7 million (or $2.80 per diluted share) in the fourth quar, EPS $2.91 per diluted share and $2.80 per diluted share, respectively.","evidence_excerpt":"Intrepid Potash, Inc. issued a press release announcing its financial results and operating highlights for the fourth quarter and full year ended 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421461/000142146124000010/0001421461-24-000010-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full-year 2023"},{"label":"Revenue","value":"Total sales of $56.7 million in the fourth quarter and $279.1 million for the full-year 2023."},{"label":"Net income","value":"Net loss of $37.3 million (or $2.91 per diluted share) and $35.7 million (or $2.80 per diluted share) in the fourth quar"},{"label":"EPS","value":"$2.91 per diluted share and $2.80 per diluted share, respectively"},{"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"}