---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-026539"
form_type: "8-K/A"
ticker: "LSF"
cik: "0001650696"
company_name: "Laird Superfood, Inc."
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:48:47.633077+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Laird Superfood estimates up to $5.3M non-cash impairment, $1.7M cash costs for Sisters facility exit

## Summary
- Non-cash impairment charges up to $5.3M for right-of-use assets and factory equipment in Q4 2022.
- Net cash payments of $0.7M expected over next 14 months; additional cash costs up to $1.0M.
- Additional non-cash charges of up to $2.2M for other impairments and restructuring costs.
- Lease agreements terminate Jan 31, 2023; no operational benefit from late December 2022.

## SEC filing metadata
- accession: 0000950170-22-026539
- form_type: 8-K/A
- ticker: LSF
- cik: 0001650696
- company_name: Laird Superfood, Inc.
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650696/000095017022026539/0000950170-22-026539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650696/000095017022026539/lsf-20221012.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-026539
- JSON: https://secwatch.observer/filing/0000950170-22-026539.json
- Plain text: https://secwatch.observer/filing/0000950170-22-026539.txt

## Key facts
- Restructurings & Charges
  Laird Superfood, Inc. announced a impairment with charges of non-cash charges related to the impairment of its right of use assets and factory equipment of up to $5.3 million in the fourth quarter of 2022, as well as rela affecting its three leaseholds in Sisters, Oregon and the sale of operations equipment and personal property in such facilities.
  - Type: impairment
  - Charge: non-cash charges related to the impairment of its right of use assets and factory equipment of up to $5.3 million in the fourth quarter of 2022, as well as rela
  - Affected area: its three leaseholds in Sisters, Oregon and the sale of operations equipment and personal property in such facilities
  source text: On December 9, 2022 the Company signed agreements for early exit of its three leaseholds in Sisters, Oregon and the sale of operations equipment and personal property in such facilities. The Company will gain no operational benefit from the leaseholds beginning late December 2022, and will terminate the lease agreements on January 31, 2023. As such, the Company anticipates that it will incur non-cash charges related to the impairment of its right of use assets and factory equipment of up to $5.3 million in the fourth quarter of 2022, as well as related net cash payments of $0.7 million expected to be made over the next 14 months.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650696/000095017022026539/0000950170-22-026539-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.