---
schema_version: "secwatch.filing_event.v1"
accession: "0001822523-25-000017"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T09:54:42.958106+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Advanced Flower Capital Q1 GAAP net income $4.1M ($0.18/sh); distributable earnings $4.5M ($0.21/sh)

## Summary
- GAAP net income of $4.1 million ($0.18 per basic share) for Q1 2025.
- Distributable Earnings (non-GAAP) of $4.5 million ($0.21 per basic share).
- Paid Q1 2025 regular cash dividend of $0.23 per share on April 15, 2025.
- CEO Dan Neville cited focus on reducing underperforming credit exposure and investing in quality credits.

## SEC filing metadata
- accession: 0001822523-25-000017
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000182252325000017/0001822523-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000182252325000017/afcg-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822523-25-000017
- JSON: https://secwatch.observer/filing/0001822523-25-000017.json
- Plain text: https://secwatch.observer/filing/0001822523-25-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.