secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001213900-25-108720
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha Q3 revenue surges 326% to $1.45M; net loss widens to $5.8M
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- Revenue $1.445M vs $339k in Q3 2024, up 326% YoY; gross profit $750k (52% margin down from 67%).
- Net loss $5.8M vs $2.1M; adjusted EBITDA -$2.2M vs -$1.3M; cash $9.3M.
- Raised ~$18.4M gross from equity offerings, warrant exercises, and ATM; fully repaid high-cost secured debt (Streeterville Capital).
- Rescinded GTG Financial acquisition; GTG's results recognized only through Aug 21, 2025.
- Expanded realty platform to Georgia and mortgage to Utah/Nevada; launched upgraded AI-powered loan officer assistant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025108720/0001213900-25-108720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025108720/ea0264844-8k_realpha.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-108720

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer