{"schema_version":"secwatch.filing_event.v1","accession":"0001421517-23-000147","form_type":"8-K","ticker":"ERII","cik":"0001421517","company_name":"Energy Recovery, Inc.","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.876290+00:00","generated_at":"2026-06-12T12:38:41.676398+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Energy Recovery Q2 rev $20.7M, net loss $1.7M; reaffirms FY2023 guidance","bullets":["Revenue $20.7M (up 2% YoY) within lower end of guidance; $5.7M megaproject shipment delayed to Q3.","Gross margin 65.4% at upper end of 64%-66% guidance range.","Loss from operations $2.6M; net loss $1.7M ($0.03 loss per share).","Adjusted EBITDA $0.2M; cash and investments $97.5M.","Company affirms full-year 2023 revenue guidance; desalination and wastewater on track."],"urls":{"canonical":"https://secwatch.observer/filing/0001421517-23-000147","json":"https://secwatch.observer/filing/0001421517-23-000147.json","markdown":"https://secwatch.observer/filing/0001421517-23-000147.md","text":"https://secwatch.observer/filing/0001421517-23-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421517/000142151723000147/0001421517-23-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421517/000142151723000147/erii-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T12:38:41.676398+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":"6d8dae5737037754a92e3d1cb6ec07b644ba4e7a","claim":"Energy Recovery, Inc. reported second quarter and six months ended June 30, 2023 results: revenue $20.7 million, net income ($1.7 million), EPS ($0.03). Guidance reaffirmed.","evidence_excerpt":"(“Energy Recovery” or the “Company”) today announced its financial results for the second quarter and six months ended June 30, 2023. Second Quarter Highlights • Revenue of $20.7 million, within the lower end of guidance. Revenue was lower due to a timing delay of a $5.7 million megaproject shipment that will subsequently be recognized in the third quarter. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151723000147/0001421517-23-000147-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter and six months ended June 30, 2023"},{"label":"Revenue","value":"$20.7 million"},{"label":"Net income","value":"($1.7 million)"},{"label":"EPS","value":"($0.03)"},{"label":"Guidance","value":"reaffirmed"},{"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"}