secwatch.observer — SEC 8-K summary
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Issuer:     Leafly Holdings, Inc. /DE (—)
CIK:        0001785592
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0000950170-23-008441
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leafly reports FY2022 revenue up 10% to $47.4M; net income $5.1M; plans 41 layoffs
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- FY2022 revenue $47.4M (+10% YoY); net income $5.1M vs net loss $12.0M in 2021.
- FY2022 adjusted EBITDA loss widened to $23.2M from $9.4M in 2021; Q4 adj EBITDA loss $4.2M.
- Q4 revenue flat at $12.1M; net loss $5.8M vs $5.1M in Q4 2021.
- Restructuring plan: cut ~41 employees (plus 56 in Oct 2022); expects $0.7M charge in Q1 2023.
- Total ending retail accounts grew 10% to 5,806.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785592/000095017023008441/0000950170-23-008441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785592/000095017023008441/lfly-20230316.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-008441

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