{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-019154","form_type":"8-K","ticker":"PCYO","cik":"0000276720","company_name":"PURE CYCLE CORP","filed_at":"2023-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.594648+00:00","generated_at":"2026-06-08T01:35:17.895157+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Pure Cycle FY2023 net income $4.7M, revenue $14.6M (down 37% YoY), EPS $0.19","bullets":["Net income of $4.7M ($0.19 diluted EPS) vs. $9.6M ($0.40) prior year; EBITDA $8.6M vs. $14.9M.","Total revenue $14.6M, down from $23.0M; water & wastewater $7.3M, land dev. $6.8M, rentals $0.2M.","Delivered 738 finished lots to date; 14 single-family rental homes; 313.8M gallons water delivered.","Cash $26.0M, working capital $23.2M; Phase 2B delivery of 211 lots expected in FY2024.","Water tap fees ($2.7M) and lot milestone payments ($6.8M) drove revenue; oil & gas water sales declined."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-019154","json":"https://secwatch.observer/filing/0001558370-23-019154.json","markdown":"https://secwatch.observer/filing/0001558370-23-019154.md","text":"https://secwatch.observer/filing/0001558370-23-019154.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/276720/000155837023019154/0001558370-23-019154-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/276720/000155837023019154/pcyo-20231115x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:35:17.895157+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":"73dab30538b9d6adea5967200fc5bf58d6694592","claim":"PURE CYCLE CORP reported the year ended August 31, 2023 results: revenue $14.6 million, net income $4.7 million, EPS $0.19.","evidence_excerpt":"rentals. During Fiscal Year 2023 we completed and leased 11 additional single-family homes bringing our total to 14 homes. ​ Full Year 2023 Highlights ​ Ø Revenues of $14.6 million, which drove p re-tax income of $6.2 million; Ø Net income of $4.7 million; Ø EBITDA of $8.6 million (see table below for re conciliation of net income to EBITDA); Ø Cash totaled","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/276720/000155837023019154/0001558370-23-019154-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended August 31, 2023"},{"label":"Revenue","value":"$14.6 million"},{"label":"Net income","value":"$4.7 million"},{"label":"EPS","value":"$0.19"},{"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"}