---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-021559"
form_type: "8-K"
ticker: "AIRE"
cik: "0001859199"
company_name: "reAlpha Tech Corp."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:25:26.279654+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# reAlpha Tech reports transition-period revenue of $121.7K, net loss $1.25M; pivots to AI tech

## Summary
- Revenue of $121,690 for 8 months ended Dec 31, 2023, down 57% YoY due to property disposals and sale of myAlphie.
- Net loss narrowed to $1.25M from $4.24M in prior period, partly from myAlphie sale gain.
- Cash balance $6.46M at Dec 31, 2023, up from $1.26M on April 30, 2023, aided by $8M November public offering.
- Paused short-term rental operations; focusing on AI commercialization (GENA) and acquisitions of Naamche and USG.
- Executive changes: Michael Logozzo to President/COO, Michael Frenz to CFO, Jorge Aldecoa to Chief Product Officer.

## SEC filing metadata
- accession: 0001213900-24-021559
- form_type: 8-K
- ticker: AIRE
- cik: 0001859199
- company_name: reAlpha Tech Corp.
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1859199/000121390024021559/0001213900-24-021559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859199/000121390024021559/ea0201567-8k_realphatech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-021559
- JSON: https://secwatch.observer/filing/0001213900-24-021559.json
- Plain text: https://secwatch.observer/filing/0001213900-24-021559.txt

## Key facts
- Earnings Releases
  reAlpha Tech Corp. reported the eight month period ended December 31, 2023 results: revenue $121,690, net income $1,251,259.
  - Period: the eight month period ended December 31, 2023
  - Revenue: $121,690
  - Net income: $1,251,259
  - Result: reported results
  source text: as of December 31, 2023, we are reporting results for the transition period between May 1, 2023 and December 31, 2023. Revenue for the eight months ended December 31, 2023 was $121,690, compared to $284,666 for the eight months ended December 31, 2022. Our revenues consist of both the short-term rental revenue that we receive from our listed properties, if any,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859199/000121390024021559/0001213900-24-021559-index.htm

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