{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-037985","form_type":"8-K","ticker":"PW","cik":"0001532619","company_name":"Power REIT","filed_at":"2024-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.416222+00:00","generated_at":"2026-05-31T02:02:36.978070+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.68,"calibrated_materiality_score":0.68,"confidence":"high","headline":"Power REIT restates Q2 2024 balance sheet; reclassifies preferred shares to equity, boosting total equity to ~$10M","bullets":["Error in classification of Series A preferred shares; restatement reclassifies from mezzanine equity to equity.","Total equity increased to approx. $10M as of June 30, 2024, exceeding NYSE American's >$2M minimum threshold.","Restatement is non-cash with no impact on revenue, net income, or non-GAAP metrics such as Funds from Operations.","Company discloses material weakness in internal controls over accounting for complex transactions.","Original Form 10-Q for quarter ended June 30, 2024 should no longer be relied upon; amended 10-Q/A filed concurrently."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-037985","json":"https://secwatch.observer/filing/0001493152-24-037985.json","markdown":"https://secwatch.observer/filing/0001493152-24-037985.md","text":"https://secwatch.observer/filing/0001493152-24-037985.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1532619/000149315224037985/0001493152-24-037985-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1532619/000149315224037985/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T02:02:36.978070+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}