secwatch.observer — SEC 8-K summary
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Issuer:     Origin Materials, Inc. (ORGN)
CIK:        0001802457
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001802457-25-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Materials reports FY2024 net loss $83.7M; guides FY2026 revenue $110M-$140M, EBITDA positive by end 2026
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- Q4 2024 revenue $9.2M (vs $13.1M prior year); full-year revenue $31.3M (vs $28.8M).
- Full-year net loss $83.7M vs net income $23.8M in 2023; adjusted EBITDA loss $48.4M vs $41.6M.
- Cash and equivalents $102.9M as of Dec 31, 2024; no additional equity capital anticipated.
- Expects eight CapFormer lines online by end 2025; achieved first PET cap commercial production in Feb 2025.
- Revised EBITDA run-rate positive target to end of 2026 (from H1 2026); FY2026 revenue guidance $110M-$140M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802457/000180245725000006/0001802457-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802457/000180245725000006/orgn-20250313.htm
  HTML page:      https://secwatch.observer/filing/0001802457-25-000006

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