{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-012587","form_type":"8-K","ticker":null,"cik":"0001606698","company_name":"ALPINE 4 HOLDINGS, INC.","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.792742+00:00","generated_at":"2026-06-04T09:52:56.738712+00:00","sec_items":["2.05","2.06","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Alpine 4 Holdings to wind down subsidiary Thermal Dynamics International (TDI), expects $10-12M non-cash impairment","bullets":["Board approved wind-down of wholly owned subsidiary TDI over ~3 months, effective March 15, 2024.","TDI contributed ~$8.5M revenue in FY2023; wind-down focuses resources on more strategic businesses.","Expected non-cash charges of $10M-$12M: ~$11M impairment of intangible assets, ~$1M impairment of PPE.","Additional transition costs of ~$500k for advisor fees; exclusion from non-GAAP measures planned.","No impact on Alpine 4's other wholly owned subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-012587","json":"https://secwatch.observer/filing/0001628280-24-012587.json","markdown":"https://secwatch.observer/filing/0001628280-24-012587.md","text":"https://secwatch.observer/filing/0001628280-24-012587.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606698/000162828024012587/0001628280-24-012587-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606698/000162828024012587/alpp-20240315.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:52:56.738712+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":"8b9a76c13a1f11b83a27daffecef049d099fa18c","claim":"ALPINE 4 HOLDINGS, INC. announced a restructuring with charges of total non-cash expenses of between $10 million and $12 million, including impairment of intangible assets of approximately $11 million and impairment of a porti affecting wholly owned subsidiary Thermal Dynamics International, Inc. (TDI).","evidence_excerpt":"with customers and suppliers of the business. In connection with approval of the plan to exit the business, the Company is expected to incur total non-cash expenses of between $10 million and $12 million, including impairment of intangible assets of approximately $11 million and impairment of a portion of property, plant and equipment of approximately $1 million.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1606698/000162828024012587/0001628280-24-012587-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"total non-cash expenses of between $10 million and $12 million, including impairment of intangible assets of approximately $11 million and impairment of a porti"},{"label":"Affected area","value":"wholly owned subsidiary Thermal Dynamics International, Inc. (TDI)"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}