secwatch.observer — SEC 8-K summary
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Issuer:     INNSUITES HOSPITALITY TRUST (IHT)
CIK:        0000082473
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001493152-22-003052
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InnSuites reports $390K net income for first 3 quarters; NYSE accepts compliance plan
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- Consolidated net income of $390,000 for first three quarters of FY2022, up $2.7M from prior year loss.
- EPS of $0.04 vs. prior year loss of ($0.26) per share.
- NYSE American accepted compliance plan; plan period to regain listing through May 15, 2023.
- UniGen clean energy prototype expected to be operational in Q2 2022.
- Hotel profits for first three quarters exceed pre-Covid FY2020 and FY2019 by over $1.3M each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82473/000149315222003052/0001493152-22-003052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82473/000149315222003052/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-003052

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