Power REIT
PWNYSEReal Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $2.0M | $3.0M | $2.2M | $8.5M | $8.5M | $4.3M |
| Operating income | $41.0M | — | $30.8M | $24.5M | $24.8M | $22.7M |
| Net income | −$2.2M | −$24.7M | −$14.4M | −$14.3M | $5.1M | $2.2M |
| Total assets | $26.9M | $46.1M | $70.2M | $86.2M | $85.3M | $40.5M |
| Total liabilities | $21.8M | $39.3M | $39.4M | $41.9M | $27.0M | $25.3M |
| Equity | $5.1M | $6.8M | $30.8M | $44.3M | $49.8M | $11.7M |
| EPS (diluted) | $-0.83 | $-7.48 | $-4.43 | $-4.41 | $1.38 | $0.96 |
| Shares out. | 3.4M | 3.4M | 3.4M | 3.4M | 3.3M | 1.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 2038.0%
- Net margin
- −109.1%
- Return on equity
- −42.7%
- Return on assets
- −8.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 80.9%
- Debt / equity
- 4.24×
- Book value / share
- $1.52
- Revenue growth (YoY)
- −34.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −7.9%clean
- Piotroski F-Score
- 5/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 4 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Operating margin is positive
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2014
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Bradley & Daytona Railway & Land Co. LlcActivist (13D)May 26, 2026
- Posner Henry IiiActivist (13D)Feb 10, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Posner Henry Iii10% owner | Feb 6, 2026 | Buy | 5,420 | $5.98 |
| Posner Henry Iii10% owner | Feb 2, 2026 | Buy | 800 | $7.93 |
| Posner Henry Iii10% owner | Jan 28, 2026 | Buy | 2,548 | $8.41 |
| Posner Henry Iii10% owner | Jan 14, 2026 | Buy | 3,300 | $7.10 |
| Lesser David HOfficer — CEO, CFO, Secretary, Treasurer | Dec 21, 2023 | J | 24,261 | $0.00 |
| Haynes Patrick R IiiDirector | Jul 15, 2022 | Grant | 600 | $0.00 |
| Wenger Virgil EDirector | Jul 15, 2022 | Grant | 600 | $0.00 |
| Susman WilliamDirector | Jul 15, 2022 | Grant | 600 | $0.00 |
| Lesser David HOfficer — CEO, Secretary, Treasurer | Jul 15, 2022 | Grant | 20,000 | $0.00 |
| D'Aguilar DionisioDirector | Jul 15, 2022 | Grant | 600 | $0.00 |
| Lesser David HOfficer — CEO, Secretary, Treasurer | Dec 31, 2021 | J | 42,340 | $67.51 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 37,500 | 1.0 | -33.8% |
| Apr 30, 2026 | 56,643 | 1.4 | +8.8% |
| Apr 15, 2026 | 52,082 | 1.4 | -3.4% |
| Mar 31, 2026 | 53,896 | 2.5 | +16.6% |
| Mar 13, 2026 | 46,237 | 3.2 | +1.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Regulation FD disclosure · Other material eventMay 19, 2026
- Shareholder voteAug 27, 2025
- Other material eventJul 18, 2025
- Completed an acquisition or dispositionApr 15, 2025
- Entered a material agreement · Other material eventJan 24, 2025
- Shareholder voteSep 26, 2024
- Delisting / listing-standard notice · Regulation FD disclosureSep 26, 2024
- Prior financials not reliable (restatement)Sep 24, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SCHEDULE 13D/AMay 26, 2026
- 8-KMay 19, 2026
- SCHEDULE 13D/AMay 15, 2026
- 10-QMay 15, 2026
- SCHEDULE 13D/AApr 24, 2026
- SCHEDULE 13D/AApr 24, 2026
- 10-KMar 31, 2026
- SCHEDULE 13DFeb 25, 2026
- SCHEDULE 13GFeb 19, 2026
- SCHEDULE 13D/AFeb 10, 2026
- SCHEDULE 13DFeb 10, 2026
- 4PRIMARY DOCUMENTFeb 10, 2026
- 4/APRIMARY DOCUMENTFeb 10, 2026
- 4PRIMARY DOCUMENTFeb 4, 2026
- 4PRIMARY DOCUMENTJan 30, 2026