{"schema_version":"secwatch.filing_event.v1","accession":"0001854964-24-000025","form_type":"8-K","ticker":"NLCP","cik":"0001854964","company_name":"NewLake Capital Partners, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.885483+00:00","generated_at":"2026-06-02T07:04:54.169527+00:00","sec_items":["2.02","9.01","7.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NewLake Q1 revenue $12.6M (+10.4% YoY); AFFO $11.0M; dividend raised to $0.41/quarter","bullets":["Revenue $12.6M, up 10.4% YoY; net income $6.9M vs $5.9M YoY.","FFO $10.6M (+10.8% YoY); AFFO $11.0M (+10.6% YoY).","Quarterly dividend increased to $0.41/share ($1.64 annualized); AFFO payout ratio 78.3%.","Cash $21.5M; $6.5M in unfunded TI commitments; $4.0M drawn on $90M revolver.","Post-quarter: acquired CT cultivation facility for ~$4M with $12M TI commitment."],"urls":{"canonical":"https://secwatch.observer/filing/0001854964-24-000025","json":"https://secwatch.observer/filing/0001854964-24-000025.json","markdown":"https://secwatch.observer/filing/0001854964-24-000025.md","text":"https://secwatch.observer/filing/0001854964-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854964/000185496424000025/0001854964-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854964/000185496424000025/nclp-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:04:54.169527+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":"16f75617b504076e120c2a2d887ce14cc0e0a41d","claim":"NewLake Capital Partners, Inc. reported first quarter ended March 31, 2024 results: revenue $12.6 million, net income $6.9 million.","evidence_excerpt":"NewLake Capital Partners Reports First Quarter 2024 Financial Results First Quarter 2024 Revenue Totaled $12.6 Million, an increase of 10.4% Year-Over-Year First Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.9 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854964/000185496424000025/0001854964-24-000025-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$12.6 million"},{"label":"Net income","value":"$6.9 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"}