{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-042930","form_type":"8-K","ticker":"OMCC","cik":"0001000045","company_name":"OLD MARKET CAPITAL Corp","filed_at":"2023-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.804944+00:00","generated_at":"2026-06-11T08:11:31.303318+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Nicholas Financial returns to profitability; Q1 net income $1.6M, EPS $0.21","bullets":["Net income of $1.6M ($0.21 diluted EPS) vs net loss of $1.8M ($0.24 loss per share) in prior year.","Interest and fee income fell 41.3% to $7.1M from $12.1M; operating expenses decreased 55.3%.","Provision for credit losses fell 82.3% to $0.6M, aided by adoption of ASU 2016-13 (CECL); net charge-offs increased to 9.6%.","Completed restructuring; originated $2.7M in finance receivables, reduced debt by $13.9M during the quarter.","CEO cites focus on reducing expenses and freeing up capital to increase shareholder returns."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-042930","json":"https://secwatch.observer/filing/0000950170-23-042930.json","markdown":"https://secwatch.observer/filing/0000950170-23-042930.md","text":"https://secwatch.observer/filing/0000950170-23-042930.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000045/000095017023042930/0000950170-23-042930-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000045/000095017023042930/nick-20230815.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T08:11:31.303318+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":"af0ea4c64e3dda6aed1d9a99398d5bde937beace","claim":"OLD MARKET CAPITAL Corp reported 1st quarter fiscal year 2024 ended June 30, 2023 results: net income $1.6 million, EPS $0.21.","evidence_excerpt":"On August 16, 2023 Nicholas Financial, Inc. (the \" Company \") issued a press release announcing the Company's financial results for its quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000045/000095017023042930/0000950170-23-042930-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"1st quarter fiscal year 2024 ended June 30, 2023"},{"label":"Net income","value":"$1.6 million"},{"label":"EPS","value":"$0.21"},{"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"}