{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-004948","form_type":"8-K","ticker":"PCYO","cik":"0000276720","company_name":"PURE CYCLE CORP","filed_at":"2024-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.491356+00:00","generated_at":"2026-06-04T00:12:32.770869+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Pure Cycle Q2 net income $118K; revenue $3.2M; record water deliveries YTD","bullets":["Q2 net income $118K ($0.00 diluted EPS) vs $189K; six-month net income $2.2M ($0.09 EPS) vs $348K.","Revenue $3.2M in Q2 (+7% YoY); six-month revenue $8.6M (+98% YoY) on strong oil/gas water sales.","Water deliveries: 404 acre-ft in Q2 (vs 33), YTD record 1,028 acre-ft (vs 242); 25% water/wastewater rev growth.","Sky Ranch: Phase 2A 96% complete, Phase 2B 52% complete (on track for FY2024); 14 rental homes occupied, 17 more planned.","Cash $20.4M; working capital $19.9M; cumulative 723 water/wastewater taps sold at Sky Ranch."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-004948","json":"https://secwatch.observer/filing/0001558370-24-004948.json","markdown":"https://secwatch.observer/filing/0001558370-24-004948.md","text":"https://secwatch.observer/filing/0001558370-24-004948.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/276720/000155837024004948/0001558370-24-004948-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/276720/000155837024004948/pcyo-20240410x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T00:12:32.770869+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":"b914f1486f46f7edb1da1723d06555dac1ee1694","claim":"PURE CYCLE CORP reported three and six months ended February 29, 2024 results: revenue $3.2 million and $8.6 million, net income $0.1 million and $2.2 million, EPS $ — and $ 0.09.","evidence_excerpt":"compared to 2023, due to an increase in water sales to oil and gas customers. ​ Q2 and YTD 2024 Highlights ​ Ø Revenues for the three and six months ended February 29, 2024 of $3.2 million and $8.6 million, which drove p re-tax income of $0.2 million and $3.0 million; Ø Net income for the three and six months ended February 29, 2024 of $0.1 million and $2.2","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/276720/000155837024004948/0001558370-24-004948-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and six months ended February 29, 2024"},{"label":"Revenue","value":"$3.2 million and $8.6 million"},{"label":"Net income","value":"$0.1 million and $2.2 million"},{"label":"EPS","value":"$ — and $ 0.09"},{"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"}