---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-014395"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2026-03-04T23:59:59+00:00"
generated_at: "2026-05-15T21:46:31.338642+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Advanced Flower Capital Q4 GAAP net income $0.9M; full-year net loss $20.7M; declares $0.05 dividend

## Summary
- Q4 GAAP net income $0.9M ($0.04 per share); Distributable Earnings $(2.8)M ($(0.12) per share).
- Full year 2025 GAAP net loss $(20.7)M ($(0.95) per share); Distributable Earnings $8.7M ($0.39 per share).
- CEO Dan Neville highlighted completed BDC conversion and focus on resolving legacy loans.
- Board declared Q1 2026 dividend of $0.05 per share payable April 15 to holders of record March 31.

## SEC filing metadata
- accession: 0001628280-26-014395
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2026-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000162828026014395/0001628280-26-014395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000162828026014395/afcg-20260304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-014395
- JSON: https://secwatch.observer/filing/0001628280-26-014395.json
- Plain text: https://secwatch.observer/filing/0001628280-26-014395.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.