{"schema_version":"secwatch.filing_event.v1","accession":"0001171200-25-000104","form_type":"8-K","ticker":"USL","cik":"0001405528","company_name":"United States 12 Month Oil Fund, LP","filed_at":"2025-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.537222+00:00","generated_at":"2026-05-24T06:25:01.261726+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"USL's GP files audited FY2024 financials; equity down 15% to $5.28M","bullets":["Total assets of GP $7.13M at Dec 31, 2024, down from $8.69M in 2023.","Cash and investments $2.27M in money market, no short-term T-bills in 2024.","Member's equity $5.28M vs $6.22M, a decline of about 15%.","Management fees receivable $1.23M, concentrated in USO (36%) and UNG (34%).","Legal contingency: Optimum Strategies lawsuit ongoing; no estimated loss range disclosed."],"urls":{"canonical":"https://secwatch.observer/filing/0001171200-25-000104","json":"https://secwatch.observer/filing/0001171200-25-000104.json","markdown":"https://secwatch.observer/filing/0001171200-25-000104.md","text":"https://secwatch.observer/filing/0001171200-25-000104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1405528/000117120025000104/0001171200-25-000104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1405528/000117120025000104/i25113_usl-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T06:25:01.261726+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"}