{"schema_version":"secwatch.filing_event.v1","accession":"0001630805-25-000009","form_type":"8-K","ticker":"BW","cik":"0001630805","company_name":"Babcock & Wilcox Enterprises, Inc.","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.243741+00:00","generated_at":"2026-05-24T01:53:28.943854+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"B&W posts Q4 2024 revenue $200.8M (+15% YoY); flags substantial doubt on going concern due to near-term debt maturities","bullets":["Q4 net loss $45.0M ($0.52/share), improved from $58.3M loss; adjusted EBITDA $23.9M vs $15.4M.","Full year 2024 revenue $717.3M (stable); adjusted EBITDA $68.9M, up 13% YoY.","Backlog $540.1M (+47%), bookings $889.6M (+39%); guidance FY2025 adj. EBITDA $70-85M.","Total debt $473.9M, cash $127.6M; ABL facility ($124.4M drawn) due Nov 2025, senior notes $193M due Feb 2026.","Going concern uncertainty cited; company pursuing asset sales and bondholder negotiations to reduce debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001630805-25-000009","json":"https://secwatch.observer/filing/0001630805-25-000009.json","markdown":"https://secwatch.observer/filing/0001630805-25-000009.md","text":"https://secwatch.observer/filing/0001630805-25-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630805/000163080525000009/0001630805-25-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630805/000163080525000009/bw-20250331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T01:53:28.943854+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"}