---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013981"
form_type: "8-K"
ticker: "MLP"
cik: "0000063330"
company_name: "MAUI LAND & PINEAPPLE CO INC"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:08:07.145276+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Maui Land & Pineapple Q1 net loss widens to $1.36M on $900k transition costs

## Summary
- Revenue rose 2% YoY to $2.298M; net loss of $1.364M ($0.07/sh) vs $0.618M loss ($0.03/sh) in Q1 2022.
- Costs and expenses of $3.668M included $900k one-time leadership transition charges.
- Cash on hand grew $154k to $8.653M year-over-year.
- Race Randle appointed CEO and Scot Sellers chair effective April 1, 2023.
- State of Hawaii approved 2:1 matching funds totaling $2.08M for Pu'u Kukui Watershed Preserve through 2030.

## SEC filing metadata
- accession: 0001437749-23-013981
- form_type: 8-K
- ticker: MLP
- cik: 0000063330
- company_name: MAUI LAND & PINEAPPLE CO INC
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63330/000143774923013981/0001437749-23-013981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63330/000143774923013981/mlp20230504_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013981
- JSON: https://secwatch.observer/filing/0001437749-23-013981.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013981.txt

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