---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-012640"
form_type: "8-K"
ticker: "PW"
cik: "0001532619"
company_name: "Power REIT"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:38:31.760468+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Power REIT Q1 revenue up 9% to $1.99M; Core FFO $0.40/share vs $0.46 YoY; tenant issues continue

## Summary
- Net income attributable to common shareholders $998K ($0.25 diluted) vs $1.11M ($0.34) YoY.
- Core FFO of $1.35M ($0.40/share) adjusted for $0.06/share straight-line rent elimination on two CO tenants.
- Acquired 1.12M sq ft Nebraska greenhouse for $9.35M; 10-year triple-net lease at ~11% yield.
- Eviction filed against Cloud Nine LLC; tenant posted $25K bond; appeal pending.
- New litigation filed Apr 8 by JKL2 Inc. against Power REIT for fraudulent inducement; eviction process commenced.

## SEC filing metadata
- accession: 0001493152-22-012640
- form_type: 8-K
- ticker: PW
- cik: 0001532619
- company_name: Power REIT
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532619/000149315222012640/0001493152-22-012640-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532619/000149315222012640/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-012640
- JSON: https://secwatch.observer/filing/0001493152-22-012640.json
- Plain text: https://secwatch.observer/filing/0001493152-22-012640.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.