{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-26-000034","form_type":"8-K","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2026-05-12T20:01:20+00:00","discovered_at":"2026-05-12T20:02:00.458130+00:00","generated_at":"2026-05-12T20:02:48.485637+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Smart Sand Q1 2026 revenue $93.1M, net loss $3.9M; record sand sales volume 1.492M tons","bullets":["Record quarterly sand sales ~1.492M tons (+40% YoY); revenue $93.1M vs $65.6M YoY.","Net loss $(3.9)M ($(0.10)/share) vs net income $1.2M in Q4 2025; adjusted EBITDA $3.8M.","Free cash flow $0.8M; FY 2026 capex guidance $15-20M; expects positive free cash flow for 2026.","New $20M share repurchase program (through Apr 2, 2028); special dividend $0.10/share paid May 5, 2026 ($3.9M).","Guidance: FY 2026 sales volume growth 5-10% vs 2025; liquidity $19.5M cash + $30M undrawn credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-26-000034","json":"https://secwatch.observer/filing/0001529628-26-000034.json","markdown":"https://secwatch.observer/filing/0001529628-26-000034.md","text":"https://secwatch.observer/filing/0001529628-26-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962826000034/0001529628-26-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962826000034/snd-20260512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T20:02:48.485637+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"}