{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-22-000031","form_type":"8-K/A","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2022-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.876748+00:00","generated_at":"2026-06-27T00:22:31.305699+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Smart Sand posts FY 2021 net loss $50.7M, revenue $126.6M; acquires Hi-Crush Blair mine for $6.5M","bullets":["FY 2021 net loss $50.7M ($1.21/sh) vs net income $38.0M ($0.94/sh) in 2020; revenue $126.6M (+4% YoY).","Q4 2021 net loss $12.2M ($0.29/sh) on revenue $35.1M; tons sold 872,000 (+42% vs Q4 2020).","Adjusted EBITDA FY 2021 $(30.5)M vs $20.5M in 2020; Q4 2021 $(4.5)M.","Acquired Hi-Crush Blair facility for ~$6.5M cash; 2.8M tons/yr annual capacity, unit train on CN Rail.","Cash $25.6M at Dec 31, 2021; $14.9M undrawn on ABL credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-22-000031","json":"https://secwatch.observer/filing/0001529628-22-000031.json","markdown":"https://secwatch.observer/filing/0001529628-22-000031.md","text":"https://secwatch.observer/filing/0001529628-22-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962822000031/0001529628-22-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962822000031/snd-20220308.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T00:22:31.305699+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"}