{"schema_version":"secwatch.filing_event.v1","accession":"0001606909-25-000112","form_type":"8-K","ticker":"PANL","cik":"0001606909","company_name":"Pangaea Logistics Solutions Ltd.","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.998178+00:00","generated_at":"2026-05-21T23:41:23.017315+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Pangaea Logistics reports Q1 net loss $2.0M, announces $15M buyback, $0.05 dividend","bullets":["Net loss of $2.0M ($0.03/share) vs net income of $11.7M ($0.26/share) in Q1 2024.","Adjusted EBITDA fell 24.2% to $14.8M; total revenue was $122.8M.","TCE rates of $11,390/day, down 36% YoY; shipping days up 41% from handy fleet acquisition.","Board authorized $15M share buyback (5.6% of market cap); declared $0.05 quarterly dividend payable June 16.","Cash and equivalents $63.9M; total debt $390.8M, including $100.6M assumed in acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001606909-25-000112","json":"https://secwatch.observer/filing/0001606909-25-000112.json","markdown":"https://secwatch.observer/filing/0001606909-25-000112.md","text":"https://secwatch.observer/filing/0001606909-25-000112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606909/000160690925000112/0001606909-25-000112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606909/000160690925000112/panl-20250512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T23:41:23.017315+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"}