{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-092238","form_type":"8-K","ticker":"TPHS","cik":"0000724742","company_name":"Trinity Place Holdings Inc.","filed_at":"2022-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.020812+00:00","generated_at":"2026-06-23T23:16:39.009338+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Trinity Place Holdings restates prior financials due to overcapitalization error; net loss increased by $5.4M in FY2021","bullets":["Net loss increased by ~$5.4M in FY2021 and ~$2.7M in Q1 2022 from overcapitalization error at 77 Greenwich development.","Total assets reduced by $6.6M (FY2021) and $2.7M (Q1 2022) due to decreased cost of sales.","EPS impact: net loss per share increased by $0.20 in FY2021 and $0.07 in Q1 2022.","Company expects to file amended 10-K for 2021 and 10-Q for Q1 2022; material weakness in internal controls to be disclosed.","Restatement also includes immaterial prior-period adjustments of $1.3M-$1.9M for 2019-2021 from Paramus property reclassification."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-092238","json":"https://secwatch.observer/filing/0001104659-22-092238.json","markdown":"https://secwatch.observer/filing/0001104659-22-092238.md","text":"https://secwatch.observer/filing/0001104659-22-092238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724742/000110465922092238/0001104659-22-092238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724742/000110465922092238/tm2223747d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T23:16:39.009338+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"}