{"schema_version":"secwatch.filing_event.v1","accession":"0001627282-24-000053","form_type":"8-K","ticker":"CWD","cik":"0001627282","company_name":"CaliberCos Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.312645+00:00","generated_at":"2026-06-02T06:06:37.589254+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Caliber reports Q1 net loss $3.8M; revenue down 22.3% YoY; announces $6M cost savings plan","bullets":["Total revenue $23.0M, down 22.3% YoY; net loss $3.8M ($0.18/sh) vs loss $1.2M ($0.07).","Adjusted EBITDA loss $1.7M vs positive $1.0M; FV AUM $766.7M (+3.4%).","Identified $6M+ annual cost savings; target operating cost ~$15M; $2.5M non-payroll, $4M payroll by 2025.","Subsequent events: land sales total $20M (two parcels); CHT $10M preferred equity commitment; SP10 capitalization.","Fundraising team signed 26 selling agreements with reps managing $3.4B AUM."],"urls":{"canonical":"https://secwatch.observer/filing/0001627282-24-000053","json":"https://secwatch.observer/filing/0001627282-24-000053.json","markdown":"https://secwatch.observer/filing/0001627282-24-000053.md","text":"https://secwatch.observer/filing/0001627282-24-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627282/000162728224000053/0001627282-24-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627282/000162728224000053/cwd-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:06:37.589254+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":"06b4409dda69e94629908910f2b3cfa2c815d044","claim":"CaliberCos Inc. reported first quarter ended on March 31, 2024 results: revenue $23.0 million, net income Net loss attributable to Caliber of $3.8 million, EPS $0.18 per diluted share.","evidence_excerpt":"First Quarter 2024 Financial Highlights (compared to first quarter 2023) • Total revenue of $23.0 million, a 22.3% decrease • Platform revenue of $4.7 million, a 25.6% decrease – Asset management revenue of $4.6 million, a 16.1% increase – Performance allocations of $0.2 million, related to the sale of land in Johnstown, Colorado • Net loss attributable to Caliber of $3.8 million, or $0.18 per diluted share, compared to net loss attributable to Caliber of $1.2 million or $0.07 per diluted share • Caliber Adjusted EBITDA loss of $1.7 million, compared to Caliber Adjusted EBITDA of $1.0 million • Fair value assets under management (“FV AUM”) of $766.7 million, a 3.4% increase, primarily due to the L.T.D.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1627282/000162728224000053/0001627282-24-000053-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended on March 31, 2024"},{"label":"Revenue","value":"$23.0 million"},{"label":"Net income","value":"Net loss attributable to Caliber of $3.8 million"},{"label":"EPS","value":"$0.18 per diluted share"},{"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"}