1. Sources
We use primary public records only: companies’ own filings with the US Securities and Exchange Commission (EDGAR), including press releases they furnish with them, and US federal spending records from USAspending.gov. We do not use social media, rumours, paywalled articles or anonymous sources. The coverage page lists every source, how often we check it and its status right now.
2. What each label means
Company-reported The company’s own words, typically a press release furnished to the SEC. It proves the company said it. It does not prove that every claim in it is true or that a pilot became a product.
Regulatory filing A statement in an SEC filing itself, such as a Form 8-K item. Companies carry legal liability for these, but they are still the company’s account.
Government record A US federal award record. It shows money obligated by an agency. Obligated is not revenue, and it is not the total potential value of a contract.
3. Extraction and checks
Software reads each new filing or award and pulls out the headline, the core passage and any stated figures. Before anything is published it must pass hard checks:
- Every quoted passage must match our stored copy of the source character for character.
- Every figure must appear, as written, inside the passage it came from. We never compute, annualise or convert numbers.
- Dates come from the record’s own metadata. When a date isn’t stated, we say “not stated.”
An item that fails is narrowed (the failing part is dropped and the record falls back to what the filing itself establishes) or withheld entirely. Nobody overrides a failed check to publish faster. Each decision is logged.
4. What we write ourselves
The “what the record establishes” and “what remains unknown” sections are fixed, careful statements for each type of record, written to be true of every record of that type. They don’t predict, rank or recommend. They exist so a headline can’t quietly turn into a conclusion.
5. Four dates, kept apart
When something happened, when the source published it, when we retrieved it, and when we published it are different facts, and every record shows them separately.
6. Corrections
Published records are never edited in place. A change creates a new revision with a note explaining what changed, and the old revision stays visible. If we emailed you an earlier version, we send you a short correction notice. All corrections are listed on the corrections page.
7. Silence and gaps
“Nothing changed” and “we couldn’t check” are different results. If a source is down or behind schedule, the site, your Monitor and your digest say so, and we never report a quiet week we didn’t verify.
8. Automation and independence
Sapien Frontier is operated by automated systems built by Quantum Economics. Subscriber watchlists are matched against records already published for everyone; they never steer what gets researched or published. No company pays to be covered or to change a record. Sapien Frontier doesn’t give investment advice or tell anyone to buy or sell anything.