{"schema_version":"secwatch.filing_event.v1","accession":"0001421517-21-000107","form_type":"8-K","ticker":"ERII","cik":"0001421517","company_name":"Energy Recovery, Inc.","filed_at":"2021-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.054236+00:00","generated_at":"2026-06-29T21:28:41.850226+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Energy Recovery Q2 product revenue up 7% to $20.6M; net income $1.1M vs $16.9M year-ago on VorTeq termination","bullets":["Product revenue $20.6M (+7% YoY); total revenue $20.6M (-53%) due to prior-year VorTeq license termination.","Net income $1.1M ($0.02 diluted EPS) vs $16.9M ($0.30) which included $17.2M VorTeq-related gain.","Product gross margin 65.1% vs 66.0% YoY; operating cash flow $11.5M.","Cash and investments $120.7M, up 25% YoY; $12M in share buybacks during H1 2021.","Desalination growth driven by megaproject and OEM channels; testing PX G1300 for CO2 refrigeration."],"urls":{"canonical":"https://secwatch.observer/filing/0001421517-21-000107","json":"https://secwatch.observer/filing/0001421517-21-000107.json","markdown":"https://secwatch.observer/filing/0001421517-21-000107.md","text":"https://secwatch.observer/filing/0001421517-21-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421517/000142151721000107/0001421517-21-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421517/000142151721000107/erii-20210805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T21:28:41.850226+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}