secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001437749-23-013981
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774923013981/0001437749-23-013981-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774923013981/mlp20230504_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-013981

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