secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000950170-23-019127
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zevia Q1 net sales +13.8% to $43.3M; gross margin 46.4%; net loss narrows to $2.9M
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- Net loss of $2.9M vs $17.5M loss in Q1 2022; diluted EPS loss $0.04 vs $0.28.
- Gross profit margin 46.4%, up 470 bps YoY; strongest quarterly margin as public company.
- Adjusted EBITDA loss of $0.5M, improvement from $8.3M loss in prior year.
- Cash and equivalents $56.0M, no debt; $20M unused credit line.
- FY 2023 net sales guidance maintained at $180M-$190M (10-16% YoY growth).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000095017023019127/0000950170-23-019127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000095017023019127/zvia-20230509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-019127

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