Origin Materials, Inc. (ORGN) Form 10-Q — May 14, 2026
Origin Materials, Inc. (ORGN) announced that its Board of Directors unanimously approved a Plan of Dissolution and liquidation, subject to stockholder approval. The company intends to cease operations, sell its remaining assets, and distribute proceeds to shareholders, effectively ending its corporate existence. The filing reports a net loss of $17.7 million for the quarter ended March 31, 2026, with revenue collapsing 91% year-over-year to $477,000.
Key figures
- Revenue
- 477000
- Total Debt
- 16500000
- Cash Position
- 19191000
- Land held for sale
- 9125000
- Accumulated deficit
- 305500000
- Reverse split ratio
- 1:30
- Marketable securities
- 13457000
- Restructuring charges
- 2100000
- Workforce reduction percent
- 59
- Convertible notes outstanding
- 7000000
Price after filing
1 day: 0.0%7 days: +21.1%30 days: -8.9%
Close on the filing date to close N calendar days later (from $1.23). Historical, not a forecast.
AI analysis
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