{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-024043","form_type":"8-K","ticker":"SQFT","cik":"0001080657","company_name":"Presidio Property Trust, Inc.","filed_at":"2026-05-18T10:15:41+00:00","discovered_at":"2026-05-18T10:20:00.316627+00:00","generated_at":"2026-05-18T10:20:52.513899+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Presidio Property Trust posts Q1 net loss of $130K vs prior-year income; revenue down 7%","bullets":["Net loss of ~$130K vs $1.7M income a year ago; diluted EPS -$0.10 vs +$1.31.","Total revenue $3.8M, down from $4.1M, driven by Dakota Center sale and lower commercial income.","Impairment charge of $524K (Shea Center II) and $3.4M gain on Dakota Center sale.","FFO (non-GAAP) worsened to -$2.1M from -$1.2M; Core FFO -$1.9M from -$1.0M.","CEO took 5% pay cut; board reducing one director; loan amended to lower floor rate by 1.5 points."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-024043","json":"https://secwatch.observer/filing/0001493152-26-024043.json","markdown":"https://secwatch.observer/filing/0001493152-26-024043.md","text":"https://secwatch.observer/filing/0001493152-26-024043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1080657/000149315226024043/0001493152-26-024043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1080657/000149315226024043/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T10:20:52.513899+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":"b6b37b071fec484f1c8a32c5d744726bd50788b2","claim":"Presidio Property Trust, Inc. reported the quarter ended March 31, 2026 results: revenue approximately $3.8 million, net income approximately $(129,632), EPS $(0.10) per basic and diluted share.","evidence_excerpt":"share for the three months ended March 31, 2025. The change in net income attributable to the Company’s common stockholders was a result of: ● Total revenues were approximately $3.8 million for the three months ended March 31, 2026, compared to approximately $4.1 million for the same period in 2025. As of March 31, 2026, we had approximately $100.5 million in net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080657/000149315226024043/0001493152-26-024043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"approximately $3.8 million"},{"label":"Net income","value":"approximately $(129,632)"},{"label":"EPS","value":"$(0.10) per basic and 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"}