secwatch.observer — SEC 8-K summary
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Issuer:     Sable Offshore Corp. (SOC)
CIK:        0001831481
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001831481-25-000035
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sable Offshore reports Q1 net loss of $109.5M; debt at $854.6M
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- Net loss of $109.5 million driven by production restart costs, non-cash interest, and warrant liability fair value changes.
- Ended quarter with $189.0M cash, $35.5M restricted cash; total debt $854.6M including PIK interest and fees.
- Common shares outstanding: 89,338,358 as of March 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831481/000183148125000035/0001831481-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831481/000183148125000035/socc-20250509.htm
  HTML page:      https://secwatch.observer/filing/0001831481-25-000035

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