secwatch.observer — SEC 8-K summary
======================================

Issuer:     Origin Materials, Inc. (ORGN)
CIK:        0001802457
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001802457-23-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Materials Q1 revenue $1.7M, net income $9.8M; maintains FY 2023 guidance
-------------------------------------------------------------------------------

- Revenue $1.7M from joint development and supply chain activation vs zero prior year.
- Net income $9.8M; adjusted EBITDA loss $9.7M; cash and securities $263.9M.
- Origin 1 mechanically complete, start-up expected Q2 2023; Origin 2 financing progress.
- FY 2023 outlook: revenue $40-60M, adjusted EBITDA loss $50-60M unchanged.
- New partnerships with Indorama, SCGP, Hyosung, Minafin; board appointments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802457/000180245723000047/0001802457-23-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802457/000180245723000047/orgn-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001802457-23-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer