secwatch.observer — SEC 8-K summary
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Issuer:     Intrepid Potash, Inc. (IPI)
CIK:        0001421461
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001421461-25-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrepid Potash Q2 net income $3.3M, adjusted EBITDA $16.4M, cuts production outlook
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- Total sales $71.5M, net income $3.3M ($0.25 diluted), adjusted EBITDA $16.4M (up ~75% YoY).
- Potash volumes up 25% to 69k tons; avg price down 11% to $361/ton; COGS per ton improved 13% to $337.
- Trio volumes up 11%, avg price up 17% to $368/ton; gross margin $8.1M vs $2.2M last year.
- Cuts 2025 potash production forecast to 270k-280k tons (from 285k-295k) due to weather & AMAX brine delay.
- Cash $87M, no borrowings on $150M revolver; 2025 capex guided $32-37M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421461/000142146125000020/0001421461-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421461/000142146125000020/ipi-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001421461-25-000020

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