{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-003147","form_type":"8-K","ticker":"HNRG","cik":"0000788965","company_name":"HALLADOR ENERGY CO","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.353755+00:00","generated_at":"2026-05-24T17:10:37.421073+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"confidence":"high","headline":"Hallador Q4 net loss $215.8M on $215M coal impairment; electric sales now 74% of revenue; debt halved to $44M","bullets":["Q4 total revenue $94.2M (FY $404.4M); electric sales $69.7M (74% of total) vs $37.1M (31%) a year ago.","Q4 net loss $215.8M includes $215M non-cash write-down at Sunrise Coal; FY net loss $226.1M vs FY23 net income $44.8M.","Adjusted EBITDA Q4 $6.2M (up ~3x YoY); FY $16.8M vs $107.4M prior year.","Bank debt reduced to $44M at Dec 31, 2024 from $91.5M a year earlier; liquidity $37.8M.","Signed exclusive commitment with data center developer (Jan 2, 2025) for majority power output; partner committed up to $5M through early June 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-003147","json":"https://secwatch.observer/filing/0001558370-25-003147.json","markdown":"https://secwatch.observer/filing/0001558370-25-003147.md","text":"https://secwatch.observer/filing/0001558370-25-003147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788965/000155837025003147/0001558370-25-003147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788965/000155837025003147/hnrg-20250317x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T17:10:37.421073+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"}