---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-057820"
form_type: "8-K"
ticker: "SELF"
cik: "0001031235"
company_name: "Global Self Storage, Inc."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:12:36.760470+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Global Self Storage Q1 net income falls 73% to $266K; same-store occupancy rises to 91.3%

## Summary
- Total revenue flat at $3.0M; net income dropped to $266K ($0.02 diluted EPS) from $993K ($0.09).
- FFO decreased 18.3% to $0.8M ($0.08/share); AFFO down 14.7% to $0.9M ($0.08/share).
- Same-store NOI fell 5.7% to $1.8M; same-store occupancy improved to 91.3% from 87.9%.
- Dividend maintained at $0.0725/share quarterly ($0.29 annualized).
- Capital resources of $24.0M include $6.9M cash and $14.5M revolver availability.

## SEC filing metadata
- accession: 0000950170-24-057820
- form_type: 8-K
- ticker: SELF
- cik: 0001031235
- company_name: Global Self Storage, Inc.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031235/000095017024057820/0000950170-24-057820-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031235/000095017024057820/self-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-057820
- JSON: https://secwatch.observer/filing/0000950170-24-057820.json
- Plain text: https://secwatch.observer/filing/0000950170-24-057820.txt

## Key facts
- Earnings Releases
  Global Self Storage, Inc. reported first quarter ended March 31, 2024 results: revenue Total revenues were unchanged at $3.0 million, net income Net income decreased to $266,000, EPS $0.02 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: Total revenues were unchanged at $3.0 million
  - Net income: Net income decreased to $266,000
  - EPS: $0.02 per diluted share
  - Result: reported results
  source text: results for the first quarter ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted. Q1 2024 Highlights • Total revenues were unchanged at $3.0 million. • Net income decreased to $266,000 or $0.02 per diluted share from $993,000 or $0.09 per diluted share. • Funds from operations (FFO) decreased 18.3% to $0.8 million or $0.08
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031235/000095017024057820/0000950170-24-057820-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.