{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-005941","form_type":"8-K","ticker":"PCYO","cik":"0000276720","company_name":"PURE CYCLE CORP","filed_at":"2023-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.692790+00:00","generated_at":"2026-06-17T02:13:32.665616+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":"Pure Cycle Q2 revenue $3.0M, net income $189K; water deliveries down 92% YoY","bullets":["Q2 revenue $3.0M, down 36% YoY from $4.7M; net income $189K vs $1.693M.","Water deliveries plunged 92% to 10.6M gallons in Q2; six-month deliveries down 64%.","EBITDA fell to $0.9M from $2.7M; EPS diluted $0.01 vs $0.07; cash $22.5M.","Sky Ranch Phase 2B construction started; received $4.1M milestone payments post-period.","Acquired water wells in Lost Creek Basin for $0.3M; share buyback authorized but no repurchases yet."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-005941","json":"https://secwatch.observer/filing/0001558370-23-005941.json","markdown":"https://secwatch.observer/filing/0001558370-23-005941.md","text":"https://secwatch.observer/filing/0001558370-23-005941.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/276720/000155837023005941/0001558370-23-005941-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/276720/000155837023005941/pcyo-20230412x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T02:13:32.665616+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":"83b3a51d317a536e7d7e2fd048bb7c5c7892aaec","claim":"PURE CYCLE CORP reported financial results for the three and six months ended February 28, 2023.","evidence_excerpt":"On April 12, 2023, the Registrant issued a press release announcing its financial results for the three and six months ended February 28, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/276720/000155837023005941/0001558370-23-005941-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and six months ended February 28, 2023"},{"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"}