Portsmouth Square Inc (PRSI) — SEC Filings
Portsmouth Square Inc (PRSI) — 20 SEC filings. Latest: 10-Q (May 11, 2026). Includes 9 8-K, 7 10-Q, 2 10-K.
View Portsmouth Square Inc on SEC EDGAR
Overview
Portsmouth Square Inc (PRSI) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Mar 27, 2026: Portsmouth Square Inc. announced on March 26, 2026, a change in its certifying accountant. The company's former accountant resigned, and the audit committee has not yet appointed a successor.
Sentiment Summary
Across 20 filings, the sentiment breakdown is: 2 bearish, 17 neutral, 1 mixed. The dominant filing sentiment for Portsmouth Square Inc is neutral.
Filing Type Overview
Portsmouth Square Inc (PRSI) has filed 7 10-Q, 9 8-K, 2 10-K, 2 DEF 14A with the SEC between Jan 2024 to May 2026.
Filings by Year
Recent SEC Filings (20)
Risk Profile
Risk Assessment: Of PRSI's 17 recent filings, 1 were flagged as high-risk, 5 as medium-risk, and 11 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $12,418,000 |
| Net Income | -$2,585,000 |
| EPS | N/A |
| Debt-to-Equity | N/A |
| Cash Position | N/A |
| Operating Margin | 6.43% |
| Total Assets | N/A |
| Total Debt | N/A |
Key Executives
- John V. Winfield
Industry Context
The San Francisco hospitality market is facing headwinds, including reduced business travel due to remote work and broader urban challenges. This has shifted demand towards lower-yielding leisure travel, impacting hotel revenue and profitability. The competitive landscape requires continuous investment in property enhancements to maintain market positioning.
Top Tags
10-Q (5) · 8-k (4) · real-estate (4) · filing (4) · corporate-governance (3) · financial-obligation (3) · Hotel Industry (2) · Corporate Governance (2) · shareholder-vote (2) · material-agreement (2)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Loss | $2.585M | Increased from $1.872M in Q3 2024, indicating worsening profitability. |
| Hotel Revenue | $12.418M | Increased by 5.06% from $11.820M in Q3 2024, showing top-line growth. |
| Hotel Operating Expenses | $10.481M | Increased significantly from $8.792M in Q3 2024, eroding operating income. |
| Income from Operations | $797K | Decreased by 54.97% from $1.770M in Q3 2024, reflecting higher costs. |
| Net Cash Used in Operating Activities | $617K | A shift from $2.958M provided in Q3 2024, highlighting liquidity strain. |
| Related Party Notes Payable | $38.108M | Outstanding balance, indicating significant reliance on parent company financing. |
| Total Shareholders' Deficit | $126.705M | Increased from $124.120M in Q2 2025, showing continued erosion of equity. |
| Related Party Interest Rate | 9% | Reduced from 12%, providing some relief on financing costs. |
| Capital Expenditures | $974K | Invested in hotel improvements, including 14 guest room renovations. |
| Common Shares Outstanding | 734,187 | Consistent, indicating no dilution from new equity issuance. |
| Hotel management fees | $783,000 | for fiscal year ended June 30, 2025, up from $706,000 in 2024 |
| Reduction in Hotel operating expenses | $1,030,134 | due to Aimbridge incentive fee waiver for fiscal year 2025 |
| Increase in leverage | $1 million | due to hotel refinancing on March 28, 2025 |
| Hotel RevPAR | $214.66 | for fiscal year ending June 30, 2025, outperforming CompSet's $172.84 |
| Hotel RevPAR growth | 23% | since renovation completion in June 2024, while CompSet lost 8.3% |
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Frequently Asked Questions
What are the latest SEC filings for Portsmouth Square Inc (PRSI)?
Portsmouth Square Inc has 20 recent SEC filings from Jan 2024 to May 2026, including 9 8-K, 7 10-Q, 2 10-K. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of PRSI filings?
Across 20 filings, the sentiment breakdown is: 2 bearish, 17 neutral, 1 mixed. The dominant sentiment is neutral.
Where can I find Portsmouth Square Inc SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Portsmouth Square Inc (PRSI) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Portsmouth Square Inc?
Key financial highlights from Portsmouth Square Inc's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for PRSI?
The investment thesis for PRSI includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Portsmouth Square Inc?
Key executives identified across Portsmouth Square Inc's filings include John V. Winfield.
What are the main risk factors for Portsmouth Square Inc stock?
Of PRSI's 17 assessed filings, 1 were flagged high-risk, 5 medium-risk, and 11 low-risk.
What are recent predictions and forward guidance from Portsmouth Square Inc?
Forward guidance and predictions for Portsmouth Square Inc are extracted from SEC filings as they are enriched.