{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-004503","form_type":"8-K","ticker":"PRKA","cik":"0001297937","company_name":"PARKS AMERICA, INC","filed_at":"2023-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.269700+00:00","generated_at":"2026-06-19T15:43:17.098905+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Parks! America Q1 net loss improves to $152,960 on lower expenses; revenue down 4.3%","bullets":["Total net sales $1.86M, down 4.3% YoY; attendance-based net sales down 6.4% while animal sales up.","Net loss of $153K improved from $422K loss in prior year; EBITDA swung to positive $92K from negative $288K.","Q2 attendance-based net sales trending up nearly 20% for first six weeks.","Working capital $4.36M, total debt $4.78M, debt-to-equity 0.31.","2023 capital plan includes enhanced lemur exhibit, new aviary, zebra pasture, and otter exhibit."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-004503","json":"https://secwatch.observer/filing/0001493152-23-004503.json","markdown":"https://secwatch.observer/filing/0001493152-23-004503.md","text":"https://secwatch.observer/filing/0001493152-23-004503.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223004503/0001493152-23-004503-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223004503/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T15:43:17.098905+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":"e66fc896a6b049b93db67d98424499b0a85ed46d","claim":"PARKS AMERICA, INC reported first fiscal quarter ended January 1, 2023 results: revenue $1.86 million, net income net loss of $152,960, or $0.00 per basic share and fully diluted share, EPS $0.00 per basic share and fully diluted share.","evidence_excerpt":"2023 Results ● First quarter EBITDA of $92,360, increased $380,529, largely driven by SG&A reduction from Missouri Christmas lights and reduced spending ● Total net sales of $1.86 million, declined 4.3%, driven by lower attendance, nearly offset by higher per capita spending and animal sales ● Second quarter attendance based net sales are trending positive,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223004503/0001493152-23-004503-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended January 1, 2023"},{"label":"Revenue","value":"$1.86 million"},{"label":"Net income","value":"net loss of $152,960, or $0.00 per basic share and fully diluted share"},{"label":"EPS","value":"$0.00 per basic share and fully diluted share"},{"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"}