{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-028802","form_type":"8-K","ticker":"SACH","cik":"0001682220","company_name":"Sachem Capital Corp.","filed_at":"2025-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.430100+00:00","generated_at":"2026-05-24T03:57:25.261519+00:00","sec_items":["1.01","1.02","2.02","2.03","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sachem Capital reports FY2024 net loss of $43.9M ($0.93/sh); revenue down 11% to $57.5M","bullets":["Net loss attributable to common shareholders $43.9M ($0.93 per share) vs prior year net income of $12.1M ($0.27).","Total revenue $57.5M, down from $64.7M in 2023; interest income fell to $43.2M from $49.3M.","Provision for credit losses surged $21.3M to $75.3M total operating expenses; net loss includes $39.6M operational loss.","Total assets declined 21% to $492.0M; loans held for investment reduced by $130.5M.","Entered new $50M revolving credit facility with Needham Bank, replacing $65M facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-028802","json":"https://secwatch.observer/filing/0001104659-25-028802.json","markdown":"https://secwatch.observer/filing/0001104659-25-028802.md","text":"https://secwatch.observer/filing/0001104659-25-028802.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682220/000110465925028802/0001104659-25-028802-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682220/000110465925028802/tm2510628d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T03:57:25.261519+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"}