secwatch.observer — SEC 8-K summary
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Issuer:     CaliberCos Inc. (CWD)
CIK:        0001627282
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001627282-25-000155
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caliber Q3 platform revenue falls 53% to $3.5M; net loss $4.4M vs prior year profit
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- Platform revenue $3.5M vs $7.4M YoY, driven by nonrecurring fees and development seasonality.
- Platform net loss $4.4M ($1.70/diluted share) vs net income $0.2M; includes $2.5M one-time impairment.
- Platform adjusted EBITDA loss $0.7M, compared to positive $2.4M in Q3 2024.
- Raised over $30M in common/preferred equity; holds 562,535 LINK tokens valued at $8.5M as of Nov 13, 2025.
- Consolidated net loss attributable to Caliber $4.4M ($1.65/share) vs net income $0.1M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627282/000162728225000155/0001627282-25-000155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627282/000162728225000155/cwd-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001627282-25-000155

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer