{"schema_version":"secwatch.filing_event.v1","accession":"0001822523-23-000007","form_type":"8-K","ticker":"AFCG","cik":"0001822523","company_name":"Advanced Flower Capital Inc.","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.803459+00:00","generated_at":"2026-06-18T09:58:58.730362+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AFC Gamma reports Q4 GAAP net income $2.9M, declares $0.56 dividend; appoints Robyn Tannenbaum President","bullets":["Q4 2022 GAAP net income $2.9M ($0.14 per basic share); Distributable Earnings $12.6M ($0.62 per share).","Full year 2022 GAAP net income $35.9M ($1.80 per share); Distributable Earnings $49.9M ($2.51 per share).","Declared Q1 2023 dividend of $0.56 per share, payable April 14, 2023 to holders of record March 31, 2023 (unchanged).","Appointed Robyn Tannenbaum as President; she is spouse of CEO Leonard Tannenbaum; no salary increase in connection.","Related-party transactions disclosed: Manager fees $3.4M base (net of $1.8M rebate) and $12.3M incentive for 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001822523-23-000007","json":"https://secwatch.observer/filing/0001822523-23-000007.json","markdown":"https://secwatch.observer/filing/0001822523-23-000007.md","text":"https://secwatch.observer/filing/0001822523-23-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000007/0001822523-23-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000007/afcg-20230307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T09:58:58.730362+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":"7cf5d4d1cd41bb88615e604ec40c9ad76c6149c4","claim":"Advanced Flower Capital Inc. reported the full year 2022 results: net income $35.9 million, EPS $1.80 per basic weighted average common share.","evidence_excerpt":"The Company reported GAAP net income of $35.9 million or $1.80 per basic weighted average common share and Distributable Earnings of $49.9 million or $2.51 per basic weighted average common share for the full year 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000007/0001822523-23-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year 2022"},{"label":"Net income","value":"$35.9 million"},{"label":"EPS","value":"$1.80 per basic weighted average common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b3b25ad9b7ac5fe572b00a1f957f738492b5a3a4","claim":"Advanced Flower Capital Inc. reported the fourth quarter of 2022 results: net income $2.9 million, EPS $0.14 per basic weighted average common share.","evidence_excerpt":"AFC Gamma reported generally accepted accounting principles (“GAAP”) net income of $2.9 million or $0.14 per basic weighted average common share and Distributable Earnings of $12.6 million or $0.62 per basic weighted average common share for the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000007/0001822523-23-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Net income","value":"$2.9 million"},{"label":"EPS","value":"$0.14 per basic weighted average common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4b1470cc33","claim":"Robyn Tannenbaum was appointed as President at Advanced Flower Capital Inc..","evidence_excerpt":"On March 7, 2023, the Company announced the appointment of Robyn Tannenbaum as President of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000007/0001822523-23-000007-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}