{"schema_version":"secwatch.filing_event.v1","accession":"0001822523-24-000015","form_type":"8-K","ticker":"AFCG","cik":"0001822523","company_name":"Advanced Flower Capital Inc.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.745299+00:00","generated_at":"2026-06-05T01:51:04.112198+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AFC Gamma reports Q4 GAAP net loss of $9.2M, declares $0.48 Q1 dividend","bullets":["Q4 2023 GAAP net loss $(9.2)M ($(0.45)/share); Distributable Earnings $10.0M ($0.49/share).","Full year 2023 GAAP net income $21.0M ($1.02/share); Distributable Earnings $41.4M ($2.04/share).","Board declared $0.48/share Q1 2024 dividend, payable April 15, 2024, record March 31, 2024.","CEO states spin-off of commercial real estate portfolio complete; AFC Gamma now pure-play cannabis lender.","2024 Annual Shareholders Meeting set for May 23, 2024, record date March 26, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001822523-24-000015","json":"https://secwatch.observer/filing/0001822523-24-000015.json","markdown":"https://secwatch.observer/filing/0001822523-24-000015.md","text":"https://secwatch.observer/filing/0001822523-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822523/000182252324000015/0001822523-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822523/000182252324000015/afcg-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:51:04.112198+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":"a4f7331dc9183d5f50fbd1e7b4c79911b2b4a041","claim":"Advanced Flower Capital Inc. reported fourth quarter and year ended December 31, 2023 results: net income GAAP net loss of $(9.2) million or $(0.45) per basic weighted average common share, EPS $(0.45) per basic weighted average common share.","evidence_excerpt":"AFC Gamma, Inc. issued a press release announcing its financial and operational results for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182252324000015/0001822523-24-000015-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year ended December 31, 2023"},{"label":"Net income","value":"GAAP net loss of $(9.2) million or $(0.45) per basic weighted average common share"},{"label":"EPS","value":"$(0.45) 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"}