secwatch.observer — SEC 8-K summary
======================================

Issuer:     CaliberCos Inc. (CWD)
CIK:        0001627282
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001627282-26-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caliber reports Q4 2025 Platform revenue $4.0M, net loss $7.7M; guides 2026 revenue $18M-$22M
--------------------------------------------------------------------------------

- Platform Q4 revenue $4.0M (down 13% YoY); net loss $7.7M ($1.24/share loss) vs $11.6M prior year.
- Full year 2025 Platform revenue $15.2M (down 27% YoY); net loss $21.2M ($7.50 loss per share).
- 2026 revenue guidance $18M-$22M; expects positive adjusted EBITDA and net operating income.
- Digital asset treasury of 562,535 LINK tokens valued at $6.9M; $5.1M unrealized loss in Q4.
- FV AUM $779.7M (-1.9% YoY); managed capital $517.2M (+5.0% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627282/000162728226000011/0001627282-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627282/000162728226000011/cwd-20260325.htm
  HTML page:      https://secwatch.observer/filing/0001627282-26-000011

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