secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001213900-26-048245
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha Q1 2026: Revenue down 9% to $0.8M, net loss $4.3M; Thomas Kutzman named CFO
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- Revenue decreased 9% to $0.8M; homebuying services $0.6M, tech services $0.3M.
- Net loss widened to $4.3M from $2.9M; adjusted EBITDA -$3.8M vs -$2.0M YoY.
- Cash increased 288% to $4.7M; total transaction volume up 119% to $131.3M.
- Appointed Thomas Kutzman as CFO; launched Homebuying Hub and enhanced offer workflow.
- Modified short-term incentive plan performance targets and award valuation method.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390026048245/0001213900-26-048245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390026048245/ea0287658-8k_realpha.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-048245

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