{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-023927","form_type":"8-K","ticker":"PRSI","cik":"0000079661","company_name":"PORTSMOUTH SQUARE INC","filed_at":"2025-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.193235+00:00","generated_at":"2026-05-16T19:32:43.672479+00:00","sec_items":["9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Portsmouth Square Q1 FY2026 net loss widens to $2.6M; hotel revenue up 5% but costs rise","bullets":["Net loss of $2.585M vs. $1.872M in Q1 FY2025; EBITDA fell 38.2% to $1.655M.","Hotel revenue up 5.1% to $12.418M; OIBDA dropped 36% to $1.937M on 19.2% higher operating expenses.","ADR $218 (+3.8%), occupancy 95% (-1 pt), RevPAR $207 (+2.5%).","Cash & restricted cash $10.131M; management says going-concern doubt alleviated after March 2025 refinancing.","CEO cites improving San Francisco convention calendar and tourism; macroeconomic risks remain."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-023927","json":"https://secwatch.observer/filing/0001493152-25-023927.json","markdown":"https://secwatch.observer/filing/0001493152-25-023927.md","text":"https://secwatch.observer/filing/0001493152-25-023927.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79661/000149315225023927/0001493152-25-023927-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79661/000149315225023927/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T19:32:43.672479+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"}