{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-016788","form_type":"8-K","ticker":"PLNH","cik":"0001813452","company_name":"Planet 13 Holdings Inc.","filed_at":"2026-05-13T21:27:04+00:00","discovered_at":"2026-05-13T21:28:00.361362+00:00","generated_at":"2026-05-13T21:28:42.146408+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Planet 13 Q1 revenue drops 24.8% to $21.1M; net loss widens to $8.1M","bullets":["Revenue $21.1M vs $28.0M YoY, driven by California exit and price compression in Nevada and Florida.","Net loss $8.1M vs $2.0M YoY; Adjusted EBITDA loss $2.3M vs $2.5M YoY.","Gross margin improved to 44.6% from 42.8% on California exit and cost actions; operating expenses down 22.6%.","Completed exit from California in February 2026; appointed Nancy Saitta and Leilani Bradford to board in May.","Cash and restricted cash $16.3M vs $15.6M at year-end 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-016788","json":"https://secwatch.observer/filing/0001437749-26-016788.json","markdown":"https://secwatch.observer/filing/0001437749-26-016788.md","text":"https://secwatch.observer/filing/0001437749-26-016788.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1813452/000143774926016788/0001437749-26-016788-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1813452/000143774926016788/plnh20260406_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T21:28:42.146408+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"22e33d09499ad668d402c5343a87bdd65d7938a9","claim":"Planet 13 Holdings Inc. reported first quarter ended March 31, 2026 results: revenue $21.1 million, net income $8.1 million.","evidence_excerpt":"Planet 13 Announces Q1 2026 Financial Results ● Q1 2026 Revenue of $21.1 million ● Q1 2026 Net loss of $8.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813452/000143774926016788/0001437749-26-016788-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$21.1 million"},{"label":"Net income","value":"$8.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}