{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-021331","form_type":"8-K","ticker":"GEOS","cik":"0001001115","company_name":"GEOSPACE TECHNOLOGIES CORP","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.811938+00:00","generated_at":"2026-06-12T16:24:55.540634+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Geospace enters $15M revolver with Woodforest; SOFR+3.25%, tangible net worth covenant at $100M","bullets":["Revolving credit facility max $15M, borrowing base on 80% eligible receivables, 90% foreign insured receivables, 25% inventory, 50% equipment orderly liquidation value.","Interest at Term SOFR plus 3.25% margin; monthly interest payments required.","Financial covenants: min consolidated tangible net worth $100M, min liquidity $5M, min current ratio 2.00:1, springing interest coverage 1.50:1.","Facility secured by substantially all borrower assets except certain excluded property; refinances prior May 2022 agreement.","Borrowers include Geospace Technologies, GTC Inc., Aquana, GER International, and Quantum Technology Sciences."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-021331","json":"https://secwatch.observer/filing/0001437749-23-021331.json","markdown":"https://secwatch.observer/filing/0001437749-23-021331.md","text":"https://secwatch.observer/filing/0001437749-23-021331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001115/000143774923021331/0001437749-23-021331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001115/000143774923021331/geos20230731_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T16:24:55.540634+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"}