secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0000950170-24-020621
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zevia Q4 net sales up 6.9% to $37.8M but net loss widens to $9.2M; guides Q1 sales $38-40M
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- Q4 net sales $37.8M (+6.9% YoY), unit volume up 3.7% to 2.8M cases.
- Q4 net loss $9.2M vs $6.2M loss a year ago; diluted EPS -$0.14.
- Q4 gross margin 40.7% (-3.6pp) due to inventory losses from supply chain transition.
- Full year 2023 net sales $166.4M (+2.0%); net loss $28.3M improved from $47.6M in 2022.
- Guides Q1 2024 net sales $38M-$40M; cash $32M, no debt, $20M unused credit line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000095017024020621/0000950170-24-020621-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000095017024020621/zvia-20240227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-020621

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