{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-051045","form_type":"8-K","ticker":"AAWH","cik":"0001756390","company_name":"Ascend Wellness Holdings, Inc.","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.345966+00:00","generated_at":"2026-05-16T22:30:41.790487+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ascend Wellness Q3 2025: net loss $25.8M, adj EBITDA $31.1M (24.9% margin), revenue $124.7M","bullets":["Net revenue $124.7M, down 2% sequentially; retail $83.8M (-3.1%), wholesale $41.0M (+0.3%).","Adjusted EBITDA $31.1M, up 8.9% QoQ; adjusted gross margin 46.4% (+300bps seq).","Net loss $25.8M vs $24.4M in Q2; cash $87.3M, net debt $281.8M.","Opened 2 stores in Q3; pipeline of 13 stores; target 60 locations in 12 months.","Closed $9.3M Ohio mortgage loan at 8.5% due 2030; repurchased 1M shares in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-051045","json":"https://secwatch.observer/filing/0001628280-25-051045.json","markdown":"https://secwatch.observer/filing/0001628280-25-051045.md","text":"https://secwatch.observer/filing/0001628280-25-051045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1756390/000162828025051045/0001628280-25-051045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1756390/000162828025051045/aawh-20251110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:30:41.790487+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"}