{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-24-000111","form_type":"8-K","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.856539+00:00","generated_at":"2026-06-02T02:16:06.526919+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Smart Sand Q1 2024: revenue $83.1M, adjusted EBITDA $9.3M, tons sold up 31% sequentially","bullets":["Net loss narrowed to $0.2M ($0.01 loss per share) from $4.8M loss in Q4 2023.","Tons sold of 1.34M, up 31% sequentially and 12% YoY; revenue $83.1M vs $61.9M Q4 2023.","Contribution margin $18.5M ($13.85/ton) vs $9.2M in Q4 2023, driven by higher volumes and SmartSystems utilization.","Free cash flow negative $5.5M due to working capital; management expects positive free cash flow for full year 2024.","Full year 2024 capex guidance maintained at $15M-$20M; cash on hand $4.6M, undrawn ABL $6.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-24-000111","json":"https://secwatch.observer/filing/0001529628-24-000111.json","markdown":"https://secwatch.observer/filing/0001529628-24-000111.md","text":"https://secwatch.observer/filing/0001529628-24-000111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000111/0001529628-24-000111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000111/snd-20240513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T02:16:06.526919+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":"0ac1d9f337cc7d43a339bf2f71da4f79e5221899","claim":"Smart Sand, Inc. reported first quarter ended March 31, 2024 results: revenue $83.1 million, net income net loss of $0.2 million, EPS $(0.01) per basic and diluted share.","evidence_excerpt":"in such filing. --- EX-99.1 (EX-99.1) --- Smart Sand, Inc. Announces First Quarter 2024 Results • 1Q 2024 total tons sold of approximately 1.3 million • 1Q 2024 revenue of $83.1 million • 1Q 2024 net loss of $(0.2) million • 1Q 2024 adjusted EBITDA of $9.3 million YARDLEY, Pennsylvania, May 13, 2024 – Smart Sand, Inc. (NASDAQ: SND) (the “Company” or “Smart","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000111/0001529628-24-000111-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$83.1 million"},{"label":"Net income","value":"net loss of $0.2 million"},{"label":"EPS","value":"$(0.01) 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"}