{"schema_version":"secwatch.filing_event.v1","accession":"0001822523-24-000020","form_type":"8-K","ticker":"AFCG","cik":"0001822523","company_name":"Advanced Flower Capital Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.399608+00:00","generated_at":"2026-06-02T06:51:47.103514+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 Q1 GAAP net loss $0.1M; distributable earnings $0.49/share; dividend $0.48","bullets":["GAAP net loss of $(0.1) million ($(0.01) per share); Distributable Earnings of $10.0M ($0.49/share).","Originated $90.4M in loans: $34.0M to cannabis operators (Sunburn Cannabis) and $56.4M to commercial real estate.","Paid Q1 dividend of $0.48/share on April 15, 2024; distributable earnings covered the dividend.","CEO highlighted federal rescheduling developments and potential adult-use transitions in Ohio and Florida."],"urls":{"canonical":"https://secwatch.observer/filing/0001822523-24-000020","json":"https://secwatch.observer/filing/0001822523-24-000020.json","markdown":"https://secwatch.observer/filing/0001822523-24-000020.md","text":"https://secwatch.observer/filing/0001822523-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822523/000182252324000020/0001822523-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822523/000182252324000020/afcg-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:51:47.103514+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":"b82cee901c0e95f5f94e57599fbfe1b7d634255e","claim":"Advanced Flower Capital Inc. reported first quarter ended March 31, 2024 results: net income GAAP net loss of $(0.1) million, EPS $(0.01) per basic weighted average common share.","evidence_excerpt":"On May 9, 2024, AFC Gamma, Inc. issued a press release announcing its financial and operational results for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182252324000020/0001822523-24-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"GAAP net loss of $(0.1) million"},{"label":"EPS","value":"$(0.01) 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"}