{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-000106","form_type":"8-K","ticker":"PCYO","cik":"0000276720","company_name":"PURE CYCLE CORP","filed_at":"2025-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.913909+00:00","generated_at":"2026-05-28T05:50:16.236178+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 Q1 net income jumps 91% to $3.9M, EPS $0.16 (up 78% YoY)","bullets":["Net income $3.937M vs $2.065M; diluted EPS $0.16 vs $0.09; revenue $5.752M (+7% YoY).","Royalty income surged to $2.807M from $0.034M, driven by six new oil & gas wells.","EBITDA $5.843M (+71%); cash $19.0M; working capital $20.3M.","Sky Ranch: Phase 2A complete, Phase 2C 41% done, Phase 2D started Dec 2024.","Water tap sales $1.466M (up from $0.581M); 38 taps sold vs 15 in prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-000106","json":"https://secwatch.observer/filing/0001558370-25-000106.json","markdown":"https://secwatch.observer/filing/0001558370-25-000106.md","text":"https://secwatch.observer/filing/0001558370-25-000106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/276720/000155837025000106/0001558370-25-000106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/276720/000155837025000106/pcyo-20250108x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T05:50:16.236178+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}