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

Issuer:     CaliberCos Inc. (CWD)
CIK:        0001627282
Form:       8-K
Filed at:   2026-05-13T21:04:16+00:00
Accession:  0001627282-26-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caliber Q1 Platform revenue $4.1M (+16% YoY); Adj EBITDA loss narrows; reaffirms FY26 guidance
--------------------------------------------------------------------------------

- Platform revenue of $4.1M vs $3.5M YoY; asset management fees up on nonrecurring items.
- Platform net loss $4.3M ($0.62/diluted share) vs $4.1M loss YoY; Adj EBITDA loss $0.3M vs positive $1.4M.
- Digital asset treasury holds 507,560 LINK tokens valued at $4.5M; sold 55,076 LINK for $0.5M proceeds.
- Reaffirms 2026 outlook: total rev $18-22M, positive NOI, Adj EBITDA profitability; H2-weighted.
- Key milestones: $13M hotel sale, $15.9M preferred conversion, $1.9M note conversion, board nomination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627282/000162728226000030/0001627282-26-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627282/000162728226000030/cwd-20260513.htm
  HTML page:      https://secwatch.observer/filing/0001627282-26-000030

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