{"schema_version":"secwatch.filing_event.v1","accession":"0001873923-25-000081","form_type":"8-K","ticker":"ONL","cik":"0001873923","company_name":"Orion Properties Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.325273+00:00","generated_at":"2026-05-22T09:16:12.129022+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":"Orion Properties Q1 revenues down 19% to $38M; Core FFO $0.19/share vs $0.36 YoY","bullets":["Total revenues $38.0M, down from $47.2M in Q1 2024.","Net loss attributable to common stockholders $(9.4)M ($0.17/share) vs $(26.2)M loss year ago.","Core FFO $10.7M ($0.19/diluted share) vs $20.4M ($0.36/diluted) in Q1 2024.","Leased 380k sq ft in Q1; post-quarter sold 3 vacant properties for $19.1M and leased additional 73k sq ft.","Reaffirms 2025 Core FFO guidance $0.61-$0.70/share; declares $0.02/share Q2 dividend."],"urls":{"canonical":"https://secwatch.observer/filing/0001873923-25-000081","json":"https://secwatch.observer/filing/0001873923-25-000081.json","markdown":"https://secwatch.observer/filing/0001873923-25-000081.md","text":"https://secwatch.observer/filing/0001873923-25-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1873923/000187392325000081/0001873923-25-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1873923/000187392325000081/onl-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T09:16:12.129022+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}