secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0000950170-22-001861
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zevia reports FY2021 net sales $138.2M (+26%), Q4 loss $37.4M; secures $20M credit facility
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- Q4 net sales $34.2M (+23% YoY); unit volume 3.0M cases (+22%); gross margin 40.3% vs 42.1% last year.
- FY2021 net sales $138.2M (+26%); net loss $87.7M ($1.33/diluted share); Adjusted EBITDA loss $8.7M.
- Provided FY2022 net sales guidance $177-182M (28-32% growth) and Q1 2022 guidance $36-38M.
- Entered $20M revolving credit facility with Bank of America, expandable to $30M, matures Feb 2027.
- Cash and short-term investments $73.1M; no outstanding debt as of Dec 31, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000095017022001861/0000950170-22-001861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000095017022001861/zvia-20220222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-001861

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