{"schema_version":"secwatch.filing_event.v1","accession":"0000003545-24-000032","form_type":"8-K","ticker":"ALCO","cik":"0000003545","company_name":"ALICO, INC.","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.580941+00:00","generated_at":"2026-06-06T07:24:24.459098+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Alico reports Q1 net income $42.9M on $77.6M land sale; adjusted EBITDA negative","bullets":["Net income $42.9M ($5.64 diluted EPS) vs loss of $3.2M in prior year quarter, driven by land sale.","Closed sale of 17,229 acres of Alico Ranch to State of Florida for $77.6M on Dec 21, 2023.","Adjusted EBITDA loss of $2.3M; $10.8M inventory write-down from Hurricane Ian impact on box production.","Repaid all working capital line and $19.1M Met Life loans with >7% interest; debt ratio improved to 0.19.","Net cash used in operations $13.2M vs $9.7M prior year, reflecting ongoing operational headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0000003545-24-000032","json":"https://secwatch.observer/filing/0000003545-24-000032.json","markdown":"https://secwatch.observer/filing/0000003545-24-000032.md","text":"https://secwatch.observer/filing/0000003545-24-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3545/000000354524000032/0000003545-24-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3545/000000354524000032/alco-20240207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:24:24.459098+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c32bad8c991e6462c6f64b2c19b1f29145f8c5c3","claim":"ALICO, INC. reported the first fiscal quarter ended December 31, 2023 results: net income $42.9 million, EPS $5.64 per diluted common share.","evidence_excerpt":"On February 7, 2024, Alico, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended December 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/3545/000000354524000032/0000003545-24-000032-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first fiscal quarter ended December 31, 2023"},{"label":"Net income","value":"$42.9 million"},{"label":"EPS","value":"$5.64 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}