{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-017779","form_type":"8-K","ticker":"SQFT","cik":"0001080657","company_name":"Presidio Property Trust, Inc.","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.879350+00:00","generated_at":"2026-06-14T23:10:46.596388+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Presidio Property Trust Q1 net loss narrows to $1.5M; Core FFO turns positive at $32K","bullets":["Net loss attributable to common stockholders of ~$1.53M ($0.13 per share) vs $3.82M loss ($0.32) in Q1 2022.","Revenue decreased ~11.5% YoY due to sale of World Plaza building and tenant lease expiration in Colorado.","Core FFO improved to ~$32K from -$75K; FFO improved to -$229K from -$2.8M year-over-year.","Acquired nine model home properties for $5M; sold three for $1.6M with $0.4M gain.","Paid Series A common dividend of $0.022 per share in Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-017779","json":"https://secwatch.observer/filing/0001493152-23-017779.json","markdown":"https://secwatch.observer/filing/0001493152-23-017779.md","text":"https://secwatch.observer/filing/0001493152-23-017779.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1080657/000149315223017779/0001493152-23-017779-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1080657/000149315223017779/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:10:46.596388+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":"d8b05514cb9d1d0c2f136f1e0c0697d0756ae775","claim":"Presidio Property Trust, Inc. reported the quarter ended March 31, 2023 results: net income $(1,530,988), EPS $(0.13) per basic and diluted share.","evidence_excerpt":"Net loss attributable to the Company's common stockholders for the three months ended March 31, 2023, was approximately $(1,530,988), or $(0.13) per basic and diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080657/000149315223017779/0001493152-23-017779-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$(1,530,988)"},{"label":"EPS","value":"$(0.13) per basic and 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"}