{"schema_version":"secwatch.filing_event.v1","accession":"0001421517-25-000116","form_type":"8-K","ticker":"ERII","cik":"0001421517","company_name":"Energy Recovery, Inc.","filed_at":"2025-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.952215+00:00","generated_at":"2026-05-17T19:04:05.270306+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Energy Recovery reports Q2 net income of $2.1M; revenue up 3% YoY to $28.1M","bullets":["Q2 revenue $28.1M (+3% YoY); net income $2.1M vs loss $0.6M in Q2 2024; EPS $0.04.","Gross margin 64.0% (down 60 bps); operating income $1.5M (+173% YoY) driven by higher revenue and lower opex.","Adjusted EBITDA $4.4M; adjusted EPS $0.07 (down from $0.09 YoY); management says results in-line with internal expectations.","Cash & investments $93.7M; six-month net loss $7.8M improved from $8.9M loss.","Operating expenses down 15.8% YoY due to lower employee and consulting costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001421517-25-000116","json":"https://secwatch.observer/filing/0001421517-25-000116.json","markdown":"https://secwatch.observer/filing/0001421517-25-000116.md","text":"https://secwatch.observer/filing/0001421517-25-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421517/000142151725000116/0001421517-25-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421517/000142151725000116/erii-20250806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T19:04:05.270306+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"}