secwatch.observer — SEC 8-K summary
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Issuer:     Origin Materials, Inc. (ORGN)
CIK:        0001802457
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001802457-26-000014
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Materials cash runway into Q3 2026; Q4 net loss $194M, $165.9M impairment
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- Q4 2025 revenue $3.0M vs $9.2M YoY; full-year revenue $18.9M vs $31.3M.
- Q4 net loss $194.1M (incl. $165.9M non-cash impairment on furanics assets).
- Cash & equivalents $53.5M at Dec 31, 2025; expects cash to fund operations only into Q3 2026 without new financing or cost cuts.
- Adjusted EBITDA loss $10.8M in Q4, $43.4M for full year; breakeven guidance pushed to beyond 2028.
- Convertible debt $15M outstanding; limited use of equity feature due to low stock price; equipment financing term sheet failed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802457/000180245726000014/0001802457-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802457/000180245726000014/orgn-20260327.htm
  HTML page:      https://secwatch.observer/filing/0001802457-26-000014

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