{"schema_version":"secwatch.filing_event.v1","accession":"0001421461-24-000021","form_type":"8-K","ticker":"IPI","cik":"0001421461","company_name":"Intrepid Potash, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.344624+00:00","generated_at":"2026-06-02T09:32:16.253490+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 loss $3.1M; sales down 9% YoY; CEO on medical leave","bullets":["Sales $79.3M (down 9% YoY); net loss $0.24/diluted share vs net income $0.35 prior year.","Adjusted EBITDA $7.7M vs $16.4M; potash avg net realized price $395/ton (down 19%).","Trio sales volume 91k tons (+40% YoY); Trio segment gross deficit $1.1M vs margin $1.5M.","CEO Bob Jornayvaz on temporary medical leave; CFO Matt Preston appointed acting principal executive officer.","Cash from ops $41.5M incl $45M from XTO; liquidity $196.5M; FY2024 capex guidance $40-50M."],"urls":{"canonical":"https://secwatch.observer/filing/0001421461-24-000021","json":"https://secwatch.observer/filing/0001421461-24-000021.json","markdown":"https://secwatch.observer/filing/0001421461-24-000021.md","text":"https://secwatch.observer/filing/0001421461-24-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421461/000142146124000021/0001421461-24-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421461/000142146124000021/ipi-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T09:32:16.253490+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":"c02aa0f3afd3461159850759e442607ef52dd643","claim":"Intrepid Potash, Inc. reported the first quarter of 2024 results: revenue $79.3 million, net income Net loss of $3.1 million (or $0.24 per diluted share), EPS $0.24 per diluted share.","evidence_excerpt":"In the first quarter of 2024, Intrepid generated sales of $79.3 million , a 9% decreas e from first quarter 2023 sales of $86.9 million. Consolidated gross margin totaled $6.4 million, while net loss totaled $3.1 million, or a net loss of $0.24 per diluted share, which compares to first quarter 2023 net income of $4.5 million, or $0.35 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421461/000142146124000021/0001421461-24-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$79.3 million"},{"label":"Net income","value":"Net loss of $3.1 million (or $0.24 per diluted share)"},{"label":"EPS","value":"$0.24 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"}