{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-028816","form_type":"8-K","ticker":"PRKA","cik":"0001297937","company_name":"PARKS AMERICA, INC","filed_at":"2023-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.506415+00:00","generated_at":"2026-06-11T09:15:09.878937+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Parks! America Q3 revenue down 22% to $2.85M; nine-month net loss $487K","bullets":["Q3 total revenues $2.85M, down $794K (22.6%) YoY; park revenue fell 22.6% to $2.80M, with Georgia closed 12 days due to March tornado.","Net income $512K ($0.01 per share) vs $719K; adjusted net income down $476K, largely due to lost revenues from tornado closure.","Nine-month total revenues $6.59M, down $1.09M; net loss $487K vs net income $245K; adjusted net income down $540K.","First five weeks of Q4: park revenues decline 5.5%; Georgia still 10% behind; Missouri up 8%, Texas up 3% despite heat.","Management expects positive EBITDA for FY2023 but may report net loss; working capital $3.42M, debt $4.41M, debt/equity 0.29."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-028816","json":"https://secwatch.observer/filing/0001493152-23-028816.json","markdown":"https://secwatch.observer/filing/0001493152-23-028816.md","text":"https://secwatch.observer/filing/0001493152-23-028816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223028816/0001493152-23-028816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223028816/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:15:09.878937+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":"25d87585dbf627ed2e08c50e36f3b8fe6c37ab10","claim":"PARKS AMERICA, INC reported third fiscal quarter and nine months ended July 2, 2022 results: revenue Total revenues for the fiscal quarter ended July 2, 2023 were $2.85 million, net income The Company reported a net income of $512,035, or $0.01 per basic share and fully diluted share, for the fiscal quarter, EPS $0.01 per basic share and fully diluted share.","evidence_excerpt":"Parks! America, Inc. Reports Q3 and YTD Fiscal 2023 Results","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223028816/0001493152-23-028816-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter and nine months ended July 2, 2022"},{"label":"Revenue","value":"Total revenues for the fiscal quarter ended July 2, 2023 were $2.85 million"},{"label":"Net income","value":"The Company reported a net income of $512,035, or $0.01 per basic share and fully diluted share, for the fiscal quarter"},{"label":"EPS","value":"$0.01 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"}