{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-25-000024","form_type":"8-K","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.906807+00:00","generated_at":"2026-05-25T13:53:20.869170+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Smart Sand reports record annual volumes; Q4 net income $3.7M, EPS $0.10","bullets":["Full year 2024 revenue $311.4M (+5% YoY); tons sold 5.26M (+17% YoY) – both record highs.","Q4 2024 revenue $91.4M (+45% sequentially); net income $3.7M ($0.10 EPS) vs Q3 net loss $0.1M.","Full year net income $3.0M ($0.08 EPS) down from $4.6M in 2023; operating income improved to $3.0M from loss.","Generated $10.9M free cash flow in 2024; cash $1.6M, $30M undrawn credit facility; paid $0.10 special dividend.","2025 guidance: sales volumes flat to +5% vs 2024; capex $13-17M; expects positive free cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-25-000024","json":"https://secwatch.observer/filing/0001529628-25-000024.json","markdown":"https://secwatch.observer/filing/0001529628-25-000024.md","text":"https://secwatch.observer/filing/0001529628-25-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962825000024/0001529628-25-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962825000024/snd-20250303.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T13:53:20.869170+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"}