{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-24-000061","form_type":"8-K","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2024-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.512145+00:00","generated_at":"2026-06-04T23:47:26.631718+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Smart Sand reports Q4 net loss of $4.8M, full year net income of $4.6M","bullets":["Q4 2023 revenue $61.9M, down 16% YoY; tons sold 1,016,000, down 14% YoY and 17% sequentially.","Full year 2023 revenue $296.0M, up 16% YoY; record tons sold 4,514,000, up 4% YoY.","Q4 Adjusted EBITDA $1.0M vs $10.7M in Q4 2022; full year Adjusted EBITDA $34.1M vs $29.3M.","Cash on hand $6.1M, $12M undrawn on credit facility; free cash flow negative $9.6M in Q4, positive $8.0M for full year.","CEO states market activity improving in early 2024, with volumes trending back to Q3 2023 levels."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-24-000061","json":"https://secwatch.observer/filing/0001529628-24-000061.json","markdown":"https://secwatch.observer/filing/0001529628-24-000061.md","text":"https://secwatch.observer/filing/0001529628-24-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000061/0001529628-24-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000061/snd-20240311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:47:26.631718+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":"241bca174d5539672424ab05a0b9c55415707bce","claim":"Smart Sand, Inc. reported the full year ended December 31, 2023 results: revenue $296.0 million, net income $4.6 million, EPS $0.12 per basic and diluted share.","evidence_excerpt":"in such filing. --- EX-99.1 (EX-99.1) --- Smart Sand, Inc. Announces Fourth Quarter 2023 and Full Year 2023 Results • 4Q 2023 and full year 2023 revenue of $61.9 million and $296.0 million, respectively. • 4Q 2023 and full year 2023 total tons sold of approximately 1,016,000 and 4,514,000, respectively. • 4Q 2023 and full year 2023 net cash (used) provided by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000061/0001529628-24-000061-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$296.0 million"},{"label":"Net income","value":"$4.6 million"},{"label":"EPS","value":"$0.12 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d3ac77063a817016bf957eaad61420cb41618053","claim":"Smart Sand, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $61.9 million, net income net loss of $(4.8) million, EPS $(0.12) per basic and diluted share.","evidence_excerpt":"specific reference in such filing. --- EX-99.1 (EX-99.1) --- Smart Sand, Inc. Announces Fourth Quarter 2023 and Full Year 2023 Results • 4Q 2023 and full year 2023 revenue of $61.9 million and $296.0 million, respectively. • 4Q 2023 and full year 2023 total tons sold of approximately 1,016,000 and 4,514,000, respectively. • 4Q 2023 and full year 2023 net cash","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000061/0001529628-24-000061-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$61.9 million"},{"label":"Net income","value":"net loss of $(4.8) million"},{"label":"EPS","value":"$(0.12) per basic and diluted share"},{"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"}