{"schema_version":"secwatch.filing_event.v1","accession":"0001606909-22-000051","form_type":"8-K","ticker":"PANL","cik":"0001606909","company_name":"Pangaea Logistics Solutions Ltd.","filed_at":"2022-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.465643+00:00","generated_at":"2026-06-25T21:43:03.842191+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pangaea Q1 net income $20.2M, up 245% YoY; TCE $26,472/day beats market by 17%","bullets":["Net income attributable to Pangaea of $20.2M ($0.45 diluted EPS) vs $5.9M ($0.13) YoY; adjusted EPS $0.35 vs $0.09.","Revenue $191.8M, up 53% YoY; TCE rate $26,472/day outperformed Baltic supramax/panamax index ($22,637) by 17%.","Adjusted EBITDA $31.3M, up 159% from $12.1M in Q1 2021; cash from operations $32.1M vs $4.9M.","Board declared quarterly dividend of $0.075/share, payable June 15, 2022 to holders of record June 1, 2022.","Sold 1999-built m/v Bulk Pangaea for $8.6M net; recorded $3.0M impairment and classified as held for sale."],"urls":{"canonical":"https://secwatch.observer/filing/0001606909-22-000051","json":"https://secwatch.observer/filing/0001606909-22-000051.json","markdown":"https://secwatch.observer/filing/0001606909-22-000051.md","text":"https://secwatch.observer/filing/0001606909-22-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606909/000160690922000051/0001606909-22-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606909/000160690922000051/panl-20220510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T21:43:03.842191+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"}