{"filings":[{"id":662916,"accession_number":"0001493152-26-025218","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2026-05-26T18:12:18+00:00","items":["5.07"],"status":"ready","headline":"Portsmouth Square shareholders elect directors, ratify auditor at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Directors elected: John V. Winfield, William J. Nance, Yvonne L. Murphy, Steve Grunwald, Andrew J. Kaplan; each received >593,000 for votes with ~28,000 broker non-votes.","Ratification of Whitley Penn LLP as independent auditor for FY2026 approved: 611,467 for, 182 against, 12,818 abstain, no broker non-votes.","Annual meeting held May 20, 2026 at Hilton San Francisco Financial District."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":12521,"accession_number":"0001493152-26-022217","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2026-05-11T19:56:02+00:00","items":["9.01"],"status":"ready","headline":"Portsmouth Square Q3 hotel rev +35% to $16.5M; posts net income $0.57M vs loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Hotel revenues $16.497M, up 35% YoY; RevPAR $287 vs $215, ADR $306 vs $241, occupancy 94% vs 89%.","GAAP net income $0.571M vs net loss $0.712M YoY; hotel operating income (before interest, D&A) $5.123M vs $2.525M.","Hotel revenues exceeded Q1 2019 pre-pandemic level by ~$1.028M; management cites SF recovery and Super Bowl demand.","Cash and restricted cash $11.8M; going concern uncertainty alleviated after March 2025 refinancing.","Nine-month GAAP net loss narrowed to $4.305M from $6.620M; operating cash flow $1.869M."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":41576000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114634,"accession_number":"0001493152-26-013112","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Portsmouth Square confirms Whitley Penn as auditor after completing acceptance procedures","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Whitley Penn LLP completed its client acceptance and independence procedures on March 26, 2026.","Appointment as independent registered public accounting firm is now effective as of that date.","This follows the initial disclosure on March 23, 2026, that the engagement was subject to these steps."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114633,"accession_number":"0001493152-26-012206","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Portsmouth Square dismisses WithumSmith+Brown, appoints Whitley Penn as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Dismissed WithumSmith+Brown, PC as independent auditor effective March 19, 2026.","No disagreements or reportable events occurred during fiscal years 2024–2025 and interim period.","Audit Committee approved engagement of Whitley Penn LLP for fiscal year ending June 30, 2026.","Whitley had no prior consultations with the company on accounting matters."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114632,"accession_number":"0001493152-26-007107","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Portsmouth Square Q2 fiscal 2026 hotel revenue up 27% YoY to $12.66M; net loss narrows to $2.29M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Hotel revenue $12.661M (+27% YoY); net loss $2.291M ($3.12/sh) vs $4.036M ($5.50) prior year.","ADR $234 vs $190, occupancy 92% vs 88%, RevPAR $215 vs $168; 14 rooms returned to service Sep 2025.","YTD hotel revenue $25.079M vs $21.785M; net loss $4.876M vs $5.908M; income from ops $1.801M vs $1.506M.","Going concern uncertainty alleviated as of June 30, 2025 after March 2025 refinancing; total cash $8.722M."],"consensus_eps_estimate":null,"consensus_eps_actual":-6.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":25079000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114631,"accession_number":"0001493152-26-001107","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2026-01-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director John C. Love resigns; Andrew Kaplan appointed to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John C. Love resigned from Portsmouth Square board effective Jan 6, 2026; no disagreement with company.","Board appointed Andrew Kaplan as director effective Jan 6, 2026; he has 30+ years in financial PR and capital markets.","Kaplan previously served on boards of Avino Silver, Coral Gold, Majesco, Polarity, Riot Blockchain, Naked Brand, US Gold.","Kaplan has sourced over $500 million in capital and currently advises Avino Silver & Energy Fuels on capital markets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131006,"accession_number":"0001493152-25-023927","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2025-11-17T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Portsmouth Square Q1 FY2026 net loss widens to $2.6M; hotel revenue up 5% but costs rise","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $2.585M vs. $1.872M in Q1 FY2025; EBITDA fell 38.2% to $1.655M.","Hotel revenue up 5.1% to $12.418M; OIBDA dropped 36% to $1.937M on 19.2% higher operating expenses.","ADR $218 (+3.8%), occupancy 95% (-1 pt), RevPAR $207 (+2.5%).","Cash & restricted cash $10.131M; management says going-concern doubt alleviated after March 2025 refinancing.","CEO cites improving San Francisco convention calendar and tourism; macroeconomic risks remain."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.52,"consensus_revenue_estimate":null,"consensus_revenue_actual":12418000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131005,"accession_number":"0001493152-25-017649","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2025-10-09T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Portsmouth Square reports FY2025 results; going-concern doubt alleviated after March refinancing","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Hotel revenue $46.4M (+10.7% YoY); occupancy 92% (up 10 pts); RevPAR $200 (+13%).","GAAP net loss $(9.1M) vs $(11.4M); loss per share $(12.41) vs $(15.49).","EBITDA $8.7M (+128% YoY); Adjusted EBITDA $7.3M (+91%).","Going-concern doubt alleviated following March 28, 2025 hotel refinancing and stronger operations.","Cash $11.7M (+145%); hotel renovation completed June 2024 with no out-of-order rooms in FY2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.52,"consensus_revenue_estimate":null,"consensus_revenue_actual":12418000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166240,"accession_number":"0001641172-25-011947","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"All five director nominees elected at annual meeting; auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Five directors elected: John V. Winfield, William J. Nance, Yvonne L. Murphy, Steve Grunwald, John C. Love.","Vote totals for directors ranged from 591,599 to 591,925 for; 31,339 broker non-votes on each.","Ratification of WithumSmith+Brown as independent auditor: 623,118 for, 1 against, 2,831 abstain.","Annual meeting held May 19, 2025 at Hilton San Francisco Financial District."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183702,"accession_number":"0001641172-25-001352","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Portsmouth Square subsidiary refinances Hilton SF hotel with $67M mortgage and $36.3M mezzanine loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Mortgage loan of $67M at SOFR + 4.80% with interest rate cap limiting Term SOFR to 4.50%.","Mezzanine loan of $36.3M at fixed 7.25% per annum.","Both loans have 2-year initial maturity with three 1-year extension options subject to conditions.","Loans are secured by the Hilton San Francisco Financial District hotel property."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183701,"accession_number":"0001493152-25-001536","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2025-01-10T23:59:59+00:00","items":["2.04","9.01"],"status":"ready","headline":"Portsmouth Square receives loan default notice; $97M debt may be accelerated","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Notice of termination event received Jan 3, 2025; Justice failed to pay $97M principal by forbearance deadline Jan 1.","Outstanding senior loan $78,640,922 and mezzanine loan $27,501,893 as of filing date.","Lenders can accelerate loans and foreclose; company cannot predict timing of enforcement.","Refinancing efforts with Hart Advisors and PCCP ongoing; no assurance of favorable resolution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235888,"accession_number":"0001493152-24-021292","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portsmouth Square shareholders elect all director nominees and ratify auditor at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All five director nominees elected with ~577k votes for, ~52k against, and ~27k broker non-votes.","Ratification of WithumSmith+Brown as independent auditor approved: 652,086 for, 1,460 against.","Non-binding say-on-pay passed: 577,022 for, 52,720 against.","Advisory vote recommended triennial say-on-pay frequency: 576,425 votes for 3 years vs 49,594 for 1 year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235887,"accession_number":"0001493152-24-017462","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Portsmouth Square subsidiary enters loan forbearance, requires $8.6M paydown","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Forbearance on mortgage loan with U.S. Bank until Jan 1, 2025; regular payments continue.","10% principal paydown of $8,589,706 required; mezz lender advanced $4.5M for it.","Mezz forbearance with CRED REIT HOLDCO; no payments due during forbearance period.","Company plans to refinance loans before the new maturity date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253648,"accession_number":"0001493152-24-001948","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2024-01-10T23:59:59+00:00","items":["2.04","9.01"],"status":"ready","headline":"Portsmouth Square's subsidiary receives $97M loan default notice; lenders can accelerate or foreclose","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On Jan 4, 2024, Justice Operating Company received a notice of default on $97M in loans from institutional lenders.","The default triggers lenders' rights including acceleration of loans and foreclosure on collateral.","Company engaged Hart Advisors Group in Sep 2023 for loan modifications; proposed terms under review by special servicer LNR Partners.","No assurance negotiations will resolve in Justice's favor; lenders' rights are not limited by these discussions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308346,"accession_number":"0001493152-23-020302","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2023-06-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portsmouth Square annual meeting elects directors and ratifies auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All five management nominees elected as directors: John V. Winfield, Yvonne L. Murphy, John C. Love, William J. Nance, Steve Grunwald.","Shareholders ratified WithumSmith+Brown as independent auditor for fiscal year ending June 30, 2023.","Vote results: For each director ranged from 601,754 to 628,635; auditor ratification: 626,531 for, 298 against.","No broker non-votes on auditor proposal; director elections had 24,292 broker non-votes each."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361390,"accession_number":"0001493152-22-025109","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2022-09-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Treasurer and Controller Danfeng Xu resigns from Portsmouth Square","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Danfeng Xu resigned as Treasurer and Controller effective August 31, 2022.","Resignation was not due to any disagreement with the company, management, or Board.","No replacement for the Treasurer and Controller roles has been announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380671,"accession_number":"0001493152-22-015297","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2022-05-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portsmouth Square shareholders elect all five director nominees and ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["John V. Winfield, Jerold R. Babin, John C. Love, William J. Nance, Steve Grunwald elected as directors.","Vote totals: Winfield 628,386 for; Babin 628,660; Love 628,635; Nance 628,385; Grunwald 628,498.","Ratification of WithumSmith+Brown as auditor for fiscal year ending June 30, 2022 passed with 654,481 for, 11 against.","Broker non-votes on director election: 24,985 per nominee; none on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":398751,"accession_number":"0001493152-22-002964","cik":79661,"company_name":"PORTSMOUTH SQUARE INC","ticker":"PRSI","form_type":"8-K","filed_at":"2022-02-02T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Portsmouth Square's auditor Moss Adams resigns; Withum Smith & Brown appointed","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Moss Adams resigned as auditor effective Dec 10, 2021; no adverse opinions or disagreements in FY2020 and FY2021.","Audit Committee appointed Withum Smith & Brown as new independent registered public accounting firm on Jan 31, 2022.","No reportable events or consultations with Withum during FY2020-2021 and through appointment date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3839798.0100000002,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}