What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
After making a water landing, pilot made a high speed downwind turn to the left, the left rear float had deflated during the preceeding flight, the aircraft settled on the left side, the left wing struck the water causing the aircraft to go inverted and sinking in the water. Aircraft received minor damage as a result of this incident and minor injuries were reported for the pilot and passenger.
As the FAA filed it
AFTER MAKING A WATER LANDING, PILOT MADE A HIGH SPEED DOWNWIND TURN TO THE LEFT, THE LEFT REAR FLOAT HAD DEFLATED DURING THE PRECEEDING FLIGHT, THE AIRCRAFT SETTLED ON THE LEFT SIDE, THE LEFT WING STRUCK THE WATER CAUSING THE AIRCRAFT TO GO INVERTED AND SINKING IN THE WATER. AIRCRAFT RECEIVED MINOR DAMAGE AS A RESULT OF THIS INCIDENT AND MINOR INJURIES WERE REPORTED FOR THE PILOT AND PASSENGER.