{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-017248","form_type":"8-K","ticker":"AAWH","cik":"0001756390","company_name":"Ascend Wellness Holdings, Inc.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.086353+00:00","generated_at":"2026-05-15T13:41:44.328781+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ascend Wellness reports Q4 2025 revenue $120.5M; net loss widens to $48.7M; FY revenue $500.6M","bullets":["Q4 2025 revenue $120.5M (down 3.4% sequentially); FY2025 revenue $500.6M (down 10.9% YoY).","Q4 net loss $48.7M (includes $17M arbitration settlement); FY net loss $118.2M vs $85.0M loss in FY2024.","Adjusted EBITDA Q4 $30.2M (margin 25.1%); FY $116.9M (margin 23.4%) vs $116.2M prior year.","Cash $85.7M; net debt $215.8M; $26M capex in FY2025; retail footprint expanded to 48 locations.","Q1 2026 guidance: low- to mid-single-digit revenue decline; adjusted EBITDA margin low-20% range."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-017248","json":"https://secwatch.observer/filing/0001628280-26-017248.json","markdown":"https://secwatch.observer/filing/0001628280-26-017248.md","text":"https://secwatch.observer/filing/0001628280-26-017248.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1756390/000162828026017248/0001628280-26-017248-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1756390/000162828026017248/aawh-20260312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:41:44.328781+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"}