{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-044565","form_type":"8-K","ticker":"PRKA","cik":"0001297937","company_name":"PARKS AMERICA, INC","filed_at":"2023-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.556029+00:00","generated_at":"2026-06-07T14:00:56.935697+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Parks! America reports fiscal 2023 net loss of $483K; revenue down 12% on tornado impact","bullets":["Fiscal 2023 total revenue $9.44M, down $1.30M from 2022; Q4 revenue $2.85M.","Net loss of $0.01 per share vs. net income of $0.01 per share in prior year.","EBITDA of $1.22M, down ~$950K; $1.0M lost park revenue from March tornado at Georgia Park.","Working capital $3.69M, total debt $4.23M; debt-to-equity 0.28x.","2024 capital plan ~$1.4M funded internally; management expects park revenue at or above fiscal 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-044565","json":"https://secwatch.observer/filing/0001493152-23-044565.json","markdown":"https://secwatch.observer/filing/0001493152-23-044565.md","text":"https://secwatch.observer/filing/0001493152-23-044565.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223044565/0001493152-23-044565-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223044565/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T14:00:56.935697+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":"0c126b7332b9bd0ea1e42d1980fce0610a5d3cc8","claim":"PARKS AMERICA, INC reported for the fiscal year ended October 1, 2023 results: revenue $9.44 million, net income net loss of $483,738, EPS $0.01 per basic share and per fully diluted share.","evidence_excerpt":"Georgia Park and expect to establish a revised timeline for this project during fiscal 2024. Fiscal 2023 Highlights Total revenues for the fiscal year ended October 1, 2023 were $9.44 million, a decrease of $1.30 million, compared to the fiscal year ended October 2, 2022. Our park revenues decreased by $1.34 million or 12.6%, and animal sales increased by $34,457.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1297937/000149315223044565/0001493152-23-044565-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the fiscal year ended October 1, 2023"},{"label":"Revenue","value":"$9.44 million"},{"label":"Net income","value":"net loss of $483,738"},{"label":"EPS","value":"$0.01 per basic share and per 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"}