secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001437749-23-031672
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maui Land & Pineapple posts $3.7M net loss for 9 months; revenues down $11.9M
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- Net loss of $3.7M ($0.19/share) vs net income of $9.8M ($0.50) in prior-year period.
- Total operating revenues fell $11.9M to $6.9M, driven by no land sales vs $11.6M a year ago.
- Operating costs rose $2.1M to $10.8M, including $1.5M in one-time leadership transition expenses.
- Lease revenue decreased due to Maui wildfire impacts; most tenants have reopened.
- Adjusted EBITDA was ($149,000); cash and equivalents fell $1.6M to $9.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774923031672/0001437749-23-031672-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774923031672/mlp20231102_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-031672

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