secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0000950170-22-016638
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zevia Q2 net sales $45.5M (+33% YoY), net loss $14.8M; reaffirms FY guidance $177-182M
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- Net sales of $45.5M beat guidance of $41-43M; unit volume up 30% to 3.9M cases.
- Net loss of $14.8M ($0.28/share) includes $8.0M non-cash equity compensation; adjusted EBITDA loss $6.4M.
- Gross margin fell to 38.1% from 47.3% a year ago on broad-based inflationary pressures.
- Added 1.4M new households in last 12 months (total 7.8M); reaffirmed FY2022 net sales guidance of $177-182M.
- Cash and short-term investments $49.6M; no debt; cash used in operations $19.6M in H1 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000095017022016638/0000950170-22-016638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000095017022016638/zvia-20220811.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-016638

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