{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-022217","form_type":"8-K","ticker":"PRSI","cik":"0000079661","company_name":"PORTSMOUTH SQUARE INC","filed_at":"2026-05-11T19:56:02+00:00","discovered_at":"2026-05-11T19:57:00.461585+00:00","generated_at":"2026-05-11T19:57:26.511654+00:00","sec_items":["9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Portsmouth Square Q3 hotel rev +35% to $16.5M; posts net income $0.57M vs loss","bullets":["Hotel revenues $16.497M, up 35% YoY; RevPAR $287 vs $215, ADR $306 vs $241, occupancy 94% vs 89%.","GAAP net income $0.571M vs net loss $0.712M YoY; hotel operating income (before interest, D&A) $5.123M vs $2.525M.","Hotel revenues exceeded Q1 2019 pre-pandemic level by ~$1.028M; management cites SF recovery and Super Bowl demand.","Cash and restricted cash $11.8M; going concern uncertainty alleviated after March 2025 refinancing.","Nine-month GAAP net loss narrowed to $4.305M from $6.620M; operating cash flow $1.869M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-022217","json":"https://secwatch.observer/filing/0001493152-26-022217.json","markdown":"https://secwatch.observer/filing/0001493152-26-022217.md","text":"https://secwatch.observer/filing/0001493152-26-022217.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79661/000149315226022217/0001493152-26-022217-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79661/000149315226022217/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T19:57:26.511654+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"}