secwatch.observer — SEC 8-K summary
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Issuer:     Star Holdings (STHO)
CIK:        0001953366
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001953366-24-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Holdings reports Q1 net loss of $49M, EPS loss of $3.68
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- Net loss attributable to common shareholders of $49.0M, EPS loss of $3.68.
- Non-cash mark-to-market adjustment of $37.9M on 13.5M SAFE shares reduced EPS by $2.84.
- Land revenue of $16.6M primarily from Asbury Park land parcel and 52 lots at Magnolia Green.
- No guidance updates; company focuses on asset monetization and maximizing cash flows.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953366/000195336624000015/0001953366-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953366/000195336624000015/stho-20240510x8k.htm
  HTML page:      https://secwatch.observer/filing/0001953366-24-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer