secwatch.observer — SEC 8-K summary
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Issuer:     Arcadia Biosciences, Inc. (RKDA)
CIK:        0001469443
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0000950170-23-062038
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arcadia Biosciences Q3 2023 revenue $1.6M, net loss $2.6M, launches GoodWheat Mac & Cheese
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- Revenue from continuing ops $1.597M, up 20% QoQ; net loss $2.567M ($1.89/sh) vs $2.867M ($4.67/sh) in Q3 2022.
- GoodWheat Mac & Cheese launching in three varieties; shipping to retailers Nov 2023, e-commerce Feb 2024.
- SG&A expenses $3.443M, lowest since 2019, down from $4.178M in Q3 2022.
- Positive gross profit from continuing ops for seventh consecutive quarter; cash $10.6M, short-term investments $5.1M.
- Nine-month net loss $11.128M ($9.31/sh) vs $11.132M ($19.37/sh) a year ago; weighted shares 1.195M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1469443/000095017023062038/0000950170-23-062038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1469443/000095017023062038/rkda-20231109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-062038

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