{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-26-000273","form_type":"8-K","ticker":"SWRD","cik":"0001795851","company_name":"Stewards, Inc.","filed_at":"2026-09-14T20:16:54+00:00","discovered_at":"2026-09-14T20:18:10.708094+00:00","generated_at":"2026-09-14T20:18:26.576546+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stewards (SWRD) discloses $1.1M cash, $10.1M H1 burn, $69M mortgage in investor deck","bullets":["Stewards had $1.1M unrestricted cash at June 30, 2026 and used $10.1M cash in operations in H1 2026; related-party commitment for at least $24M over 12 months.","Real Estate Operations posted a $6.4M operating loss for six months ended June 30, 2026; 1818 Park refinanced in July 2026 with $69M senior mortgage and $10M mezzanine.","Private credit platform: 10,000+ SMBs funded and $153M+ cumulative originations since 2020; 1818 Park valued at $158M with ~92% occupancy.","Exploratory on-chain/tokenization initiatives are not operational, may never be implemented; no tokenized interests offered.","Company engaged Lucosky Brookman for potential Nasdaq uplisting, but no assurance of listing; stock trades thinly on OTC under SWRD."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-26-000273","json":"https://secwatch.observer/filing/0001663577-26-000273.json","markdown":"https://secwatch.observer/filing/0001663577-26-000273.md","text":"https://secwatch.observer/filing/0001663577-26-000273.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795851/000166357726000273/0001663577-26-000273-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795851/000166357726000273/swrd_8k091426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-14T20:18:26.576546+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}