secwatch.observer — SEC 8-K summary
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Issuer:     Laird Superfood, Inc. (LSF)
CIK:        0001650696
Form:       8-K/A
Filed at:   2022-12-14T23:59:59+00:00
Accession:  0000950170-22-026539
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.05, 2.06
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650696/000095017022026539/0000950170-22-026539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650696/000095017022026539/lsf-20221012.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-026539

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