{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-035305","form_type":"8-K","ticker":"NYC","cik":"0001595527","company_name":"American Strategic Investment Co.","filed_at":"2026-05-15T10:06:27+00:00","discovered_at":"2026-05-15T10:20:00.235906+00:00","generated_at":"2026-05-15T10:22:08.994920+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ASIC Q1 revenue falls 40% to $7.3M; net loss narrows to $7.8M","bullets":["Revenue from tenants $7.3M, down from $12.3M YoY, primarily due to 1140 Sixth Ave disposition.","Net loss attributable to common stockholders $7.8M ($3.04/share) vs $8.6M ($3.39/share) in Q1 2025.","Cash NOI $2.9M vs $4.2M YoY; adjusted EBITDA negative $1.1M vs negative $0.8M.","Portfolio 76.4% leased, 5 properties; net debt to gross asset value 59.6% at 4.56% avg rate.","Advisor elected $1.9M in stock in April 2026 in lieu of cash advisory fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-035305","json":"https://secwatch.observer/filing/0001628280-26-035305.json","markdown":"https://secwatch.observer/filing/0001628280-26-035305.md","text":"https://secwatch.observer/filing/0001628280-26-035305.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1595527/000162828026035305/0001628280-26-035305-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1595527/000162828026035305/nycr-20260515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T10:22:08.994920+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":"32740bdde51a1118b98137903bafc2daa8ecfbaa","claim":"American Strategic Investment Co. reported the quarter ended March 31, 2026 results: revenue $7.3 million, net income $7.8 million, EPS $(3.04).","evidence_excerpt":"the five boroughs of New York City, announced today its financial and operating results for the third quarter ended March 31, 2026. First Quarter 2026 Highlights • Revenue was $7.3 million compared to $12.3 million in the first quarter of 2025, primarily related to the disposition of 1140 Avenue of the Americas in the prior year • Net loss attributable to common","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1595527/000162828026035305/0001628280-26-035305-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$7.3 million"},{"label":"Net income","value":"$7.8 million"},{"label":"EPS","value":"$(3.04)"},{"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"}