{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-002521","form_type":"8-K","ticker":null,"cik":"0001893311","company_name":"LUXURBAN HOTELS INC.","filed_at":"2024-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.118942+00:00","generated_at":"2026-06-03T23:08:44.965447+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LuxUrban Hotels FY 2023 revenue up 159% to $113.4M; net loss $78.5M with $61.1M non-cash charges","bullets":["Net rental revenue $113.4M (+159% YoY); net loss $78.5M vs $9.4M loss prior year.","EBITDA $25.3M (+78% YoY); Adjusted EBITDA $29.8M (+109%); one-time Wyndham transition impact noted.","Non-cash financing costs $41.2M include $28.2M for Revenue Share Exchange Agreement with pre-IPO investors.","Cash and equivalents $0.8M; total debt reduced to $4.3M from $14M.","Q1 2024 net rental revenue guidance $27-30M; FY 2024 focus on higher-end properties and working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-002521","json":"https://secwatch.observer/filing/0001829126-24-002521.json","markdown":"https://secwatch.observer/filing/0001829126-24-002521.md","text":"https://secwatch.observer/filing/0001829126-24-002521.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/0001829126-24-002521-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/luxurban_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:08:44.965447+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":"c33b8db7bbb3203b94764b429542c2975ccf52c9","claim":"LUXURBAN HOTELS INC. reported full year ended December 31, 2023 results: revenue $113.4 million, net income $78.5 million net loss.","evidence_excerpt":"LuxUrban Hotels Inc. Announces 2023 Financial Results Net Rental Revenue rose 159% to $113.4 million Net loss of $78.5 million included $61.1 million in non-cash charges and $24.6 million in non-recurring cash costs","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/0001829126-24-002521-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended December 31, 2023"},{"label":"Revenue","value":"$113.4 million"},{"label":"Net income","value":"$78.5 million net loss"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c863289215f2b9e4a77dbfb8135950ca0bf9daec","claim":"LUXURBAN HOTELS INC. reported three months ended December 31, 2023 results: revenue $27.5 million.","evidence_excerpt":"Net rental revenue was $27.5 million as compared to $12.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/0001829126-24-002521-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2023"},{"label":"Revenue","value":"$27.5 million"},{"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"}