{"schema_version":"secwatch.filing_event.v1","accession":"0001171200-24-000078","form_type":"8-K","ticker":"USL","cik":"0001405528","company_name":"United States 12 Month Oil Fund, LP","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.079699+00:00","generated_at":"2026-06-04T09:45:21.467371+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"medium","headline":"USCF (GP of USL) audited FY2023 balance sheet: assets drop 34%, equity down 40%","bullets":["Total assets $8.7M at Dec 31, 2023, down from $13.3M in 2022 (34% decrease).","Cash declined to $2.6M from $8.2M; investments increased to $3.8M from $2.5M.","Member's equity fell to $6.2M from $10.4M (40% decrease).","Optimum Strategies lawsuit dismissed with prejudice on federal claims; state claim dismissed without prejudice.","Auditor identifies loss contingencies as critical audit matter; note mentions SEC/CFTC investigations (details truncated)."],"urls":{"canonical":"https://secwatch.observer/filing/0001171200-24-000078","json":"https://secwatch.observer/filing/0001171200-24-000078.json","markdown":"https://secwatch.observer/filing/0001171200-24-000078.md","text":"https://secwatch.observer/filing/0001171200-24-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1405528/000117120024000078/0001171200-24-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1405528/000117120024000078/i24088_usl-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:45:21.467371+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"}