{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-011895","form_type":"8-K","ticker":"PCYO","cik":"0000276720","company_name":"PURE CYCLE CORP","filed_at":"2023-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.206217+00:00","generated_at":"2026-06-13T08:28:39.813580+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pure Cycle Q3 net income $3.3M ($0.14 EPS) vs $0.84M; revenue $6.9M doubles YoY","bullets":["Revenue $6.9M for Q3 (vs $3.2M) on record oil & gas water sales and Sky Ranch Phase 2A/2B lot sales.","Net income $3.3M ($0.14 diluted EPS) vs $0.84M ($0.03); 17th consecutive profitable quarter.","Phase 2 lot prices up 40% vs Phase 1; nearly 200 homes started in Phase 2A, 211 lots in Phase 2B begun.","Single-family rental: 4 homes rented in Phase 1, 10 under construction in Phase 2A (6 completed after quarter end).","Cash $26.0M; acquired three deep water wells in Lost Creek Basin for $0.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-011895","json":"https://secwatch.observer/filing/0001558370-23-011895.json","markdown":"https://secwatch.observer/filing/0001558370-23-011895.md","text":"https://secwatch.observer/filing/0001558370-23-011895.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/276720/000155837023011895/0001558370-23-011895-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/276720/000155837023011895/pcyo-20230712x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T08:28:39.813580+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":"9472fcf7c18b34e3cf695cec2ddd53aca199a772","claim":"PURE CYCLE CORP reported nine months ended May 31, 2023 results: revenue $11.2 million, net income $3.6 million, EPS $0.15.","evidence_excerpt":"For the nine months ended May 31, 2023, we posted revenues of $11.2 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/276720/000155837023011895/0001558370-23-011895-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended May 31, 2023"},{"label":"Revenue","value":"$11.2 million"},{"label":"Net income","value":"$3.6 million"},{"label":"EPS","value":"$0.15"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fdce656ba42be9869363141d8218a48e11471ece","claim":"PURE CYCLE CORP reported three months ended May 31, 2023 results: revenue $6.9 million, net income $3.3 million, EPS $0.14.","evidence_excerpt":"For the three months ended May 31, 2023, we posted $6.9 million of revenue","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/276720/000155837023011895/0001558370-23-011895-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended May 31, 2023"},{"label":"Revenue","value":"$6.9 million"},{"label":"Net income","value":"$3.3 million"},{"label":"EPS","value":"$0.14"},{"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"}