{"schema_version":"secwatch.filing_event.v1","accession":"0001822523-23-000033","form_type":"8-K","ticker":"AFCG","cik":"0001822523","company_name":"Advanced Flower Capital Inc.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.738463+00:00","generated_at":"2026-06-08T10:29:27.002707+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AFC Gamma reports Q3 2023 GAAP net income $0.39/share; appoints Daniel Neville as CEO","bullets":["GAAP net income $8.0M ($0.39 per basic share); Distributable Earnings $9.9M ($0.49 per share).","Q3 2023 regular cash dividend of $0.48 per common share paid on Oct 13, 2023.","Distributable Earnings of $0.49 per share covered the $0.48 dividend in Q3.","Daniel Neville appointed CEO effective Nov 13, 2023; brings cannabis lending expertise."],"urls":{"canonical":"https://secwatch.observer/filing/0001822523-23-000033","json":"https://secwatch.observer/filing/0001822523-23-000033.json","markdown":"https://secwatch.observer/filing/0001822523-23-000033.md","text":"https://secwatch.observer/filing/0001822523-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000033/0001822523-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000033/afcg-20231108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T10:29:27.002707+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":"e2c29fa06880e4902e0c8d3d2f71284ec885cb82","claim":"Advanced Flower Capital Inc. reported third quarter of 2023 results: net income $8.0 million, EPS $0.39 per basic weighted average common share.","evidence_excerpt":"AFC Gamma reported generally accepted accounting principles (“GAAP”) net income of $8.0 million or $0.39 per basic weighted average common share and Distributable Earnings of $9.9 million or $0.49 per basic weighted average common share for the third quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182252323000033/0001822523-23-000033-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Net income","value":"$8.0 million"},{"label":"EPS","value":"$0.39 per basic weighted average common share"},{"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"}