secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001437749-24-016277
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maui Land & Pineapple reports Q1 2024 revenue up 8%, net loss of $1.375M
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- Operating revenues $2.483M, up $185K (8%) YoY; leasing revenue $2.216M.
- Net loss $1.375M ($0.07 per share) vs $1.364M loss YoY; includes $1.209M non-cash expenses.
- Adjusted EBITDA (non-GAAP) of negative $197K, including $108K CEO severance.
- Cash and investments $8.553M, down $282K from Dec 2023 due to reinvestment.
- Appointed Jonathan Grobe as VP of Real Estate effective Apr 1; Annual meeting May 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774924016277/0001437749-24-016277-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774924016277/mlp20240509_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-016277

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