{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-020481","form_type":"8-K","ticker":"LSF","cik":"0001650696","company_name":"Laird Superfood, Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.842853+00:00","generated_at":"2026-06-15T06:32:52.901226+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"medium","headline":"Laird Superfood Q1 net sales $8.1M (-13% YoY); gross margin improves to 23.1%","bullets":["Net sales $8.1M vs $9.3M in Q1 2022, a 13% decline.","Gross margin 23.1% vs 20.9% a year ago and (4.6)% in Q4 2022.","Adjusted gross margin (non-GAAP) 27.0%, excluding one-time raw material quality costs.","E-commerce sales down 18.4% YoY; wholesale down 5.9% (flat ex one-time charges).","Completed supply chain transformation to co-manufacturing, reducing fixed overhead."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-020481","json":"https://secwatch.observer/filing/0000950170-23-020481.json","markdown":"https://secwatch.observer/filing/0000950170-23-020481.md","text":"https://secwatch.observer/filing/0000950170-23-020481.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650696/000095017023020481/0000950170-23-020481-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650696/000095017023020481/lsf-20230510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:32:52.901226+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a0743277c7cc24be4531e5c232ab4b6d78fcef21","claim":"Laird Superfood, Inc. reported first quarter ended March 31, 2023 results: revenue Net Sales of $8.1 million.","evidence_excerpt":"American: LSF) (“Laird Superfood,” “we” and “our”), today reported financial results for its first quarter ended March 31, 2023. First Quarter 2023 Highlights • Net Sales of $8.1 million, in line with our annual operating plan, compared to $9.3 million in the prior year period. • Wholesale contributed 45% of total Net Sales and decreased 5.9% year-over-year,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650696/000095017023020481/0000950170-23-020481-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"Net Sales of $8.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}