{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-25-000042","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2025-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.607992+00:00","generated_at":"2026-05-21T06:56:33.019212+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stratus Properties reports Q1 net loss of $2.9M; revenue drops to $5.0M","bullets":["Net loss attributable to common stockholders of $2.9M ($0.36 diluted) vs net income of $4.6M ($0.56) in Q1 2024.","Revenue fell to $5.0M from $26.5M, driven by no land or home sales in Q1 2025 vs 47 acres and two villas sold in prior year.","EBITDA negative $2.3M compared to positive $5.2M in Q1 2024.","First units at The Saint George available in April 2025; completion of Amarra Villas and Holden Hills Phase 1 expected in Q2 2025.","Entered contract to sell West Killeen Market for $13.3M, expected to close Q2 2025; project refinancings raised ~$4.2M net cash."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-25-000042","json":"https://secwatch.observer/filing/0000885508-25-000042.json","markdown":"https://secwatch.observer/filing/0000885508-25-000042.md","text":"https://secwatch.observer/filing/0000885508-25-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550825000042/0000885508-25-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550825000042/strs-20250515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T06:56:33.019212+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}