secwatch / observer

DIRTT ENVIRONMENTAL SOLUTIONS LTD — fact timeline

Source-grounded facts extracted from DIRTT ENVIRONMENTAL SOLUTIONS LTD's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

DRTTF DIRTT ENVIRONMENTAL SOLUTIONS LTD JSON
Earnings Releases

DIRTT ENVIRONMENTAL SOLUTIONS LTD reported the three months ended March 31, 2026 results: revenue $42.4 million, net income $3.3 million.

“announced its financial results for the three months ended March 31, 2026. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. First Quarter 2026 Highlights and Recent Developments • Revenue of $42.4 million in the first quarter of 2026, an increase of 3% from the first quarter of 2025. • Gross profit and gross profit margin for the first quarter of 2026 was $13.0 million or 30.6% of revenue, a decrease from $14.5 million or 35.2% of revenue for the same period of 2025. • Net loss after tax for the first quarter of 2026 was $3.3 million compared to net loss after tax of $0.7 million for the same period of 2025.”
Material Agreements

DIRTT ENVIRONMENTAL SOLUTIONS LTD entered into Support and Standstill Agreement with 22NW Fund, LP, 726 BF LLC, 726 BC LLC (effective 2026-02-13).

“On February 13, 2026, DIRTT Environmental Solutions Ltd. (the “Company”) entered into a Support and Standstill Agreement (the “Support Agreement”) among the Company, 22NW Fund, LP (“22NW”), 726 BF LLC (“726 BF”), and 726 BC LLC (“726 BC” and together with 726 BF, the “726 Entities” and collectively with 22NW, the “Shareholders”).”
Material Agreements

DIRTT ENVIRONMENTAL SOLUTIONS LTD terminated Lease with PDM US, LLC valued at US$1 million (effective 2025-12-30).

“Effective December 30, 2025, the Lease was terminated pursuant to the Agreement, and the Tenant was relieved from any future rent obligations under the Lease in exchange for an early termination fee of US$1 million paid by the Tenant to PDM.”
Restructurings & Charges

DIRTT ENVIRONMENTAL SOLUTIONS LTD announced a impairment with charges of approximately US$2.3 million affecting Rock Hill, South Carolina manufacturing facility.

“The Company expects to recognize a one-time, non-cash impairment expense related to leasehold improvements of approximately US$2.3 million.”
Debt Financings

DIRTT ENVIRONMENTAL SOLUTIONS LTD incurred loan of up to C$15.0 million with Business Development Bank of Canada at BDC's Floating Base Rate (currently 6.55% per annum) minus 0.75% maturing April 30, 2032.

“On December 11, 2025, DIRTT Environmental Solutions Ltd. (the “Company”) entered into a letter of offer (the “Letter”) with Business Development Bank of Canada (“BDC”) pursuant to which BDC committed to lending the Company up to C$15.0 million (the “Loan”) subject to the satisfaction of certain conditions.”

Holly Hess Groos was appointed as Director and Audit Committee Chair at DIRTT ENVIRONMENTAL SOLUTIONS LTD.

“On and effective November 26, 2024 , Holly Hess Groos was appointed to serve as a member of the board of directors (“the Board”) of DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”).”

Richard Hunter was appointed as President at DIRTT ENVIRONMENTAL SOLUTIONS LTD.

“On September 11, 2024, the board of directors (the “ Board ”) of DIRTT Environmental Solutions Ltd. (the “ Company ”) appointed Richard Hunter to serve as President, effective immediately.”

Scott Robinson was elected as Board Chair at DIRTT ENVIRONMENTAL SOLUTIONS LTD.

“Mr. Scott Robinson was elected to serve as Board Chair to replace Mr. Ken Sanders”

Ken Sanders retired as Board Chair at DIRTT ENVIRONMENTAL SOLUTIONS LTD.

“Mr. Ken Sanders, who announced his intention to retire from the Board of Directors on June 30, 2024”
Shareholder Votes

DIRTT ENVIRONMENTAL SOLUTIONS LTD shareholders approved Approval of the Second Amended and Restated Long-Term Incentive Plan and Common Shares Reserved for Issuance Thereunder at the 2023-05-30 meeting.

“The amendment to the Company’s Amended and Restated Long Term Incentive Plan and common shares reserved for issuance thereunder was approved by shareholders as follows: Votes for Votes against Votes withheld/Abstentions Broker non-votes Number Percent Number Percent Number Percent Number 126,021,943 87.87 14,555,766 10.15 2,832,788 1.98 9,173,366”
Shareholder Votes

DIRTT ENVIRONMENTAL SOLUTIONS LTD shareholders approved Appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2023-05-30 meeting.

“The appointment of PricewaterhouseCoopers LLP was approved as follows: Votes for Votes withheld/Abstentions Broker non-votes Number Percent Number Percent Number 152,480,797 99.93 103,066 0.07 9,173,366”
Shareholder Votes

DIRTT ENVIRONMENTAL SOLUTIONS LTD shareholders approved Election of Directors at the 2023-05-30 meeting.

“1 – Election of Directors. Each of Douglas Edwards, Aron English, Shaun Noll, Shalima Pannikode, Scott Robinson, Scott Ryan, Kenneth Sanders and Benjamin Urban were elected as the directors of the Company.”
Earnings Releases

DIRTT ENVIRONMENTAL SOLUTIONS LTD reported the three months ended March 31, 2024 results: revenue $40.8 million, net income $3.0 million.

“First Quarter 2024 Highlights • Revenue of $40.8 million in the first quarter of 2024, up 11% compared to the first quarter of 2023. • Gross profit increased to $14.6 million or 35.9% of revenue in the first quarter of 2024 from $8.7 million or 23.7% of revenue in the first quarter of 2023. • Net income after tax and net income margin for the first quarter of 2024 of $3.0 million and 7.5%, respectively, compared to a net loss after tax of $11.4 million and a net loss margin of 31.1% in the first quarter of 2023.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.