---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-038029"
form_type: "8-K"
ticker: null
cik: "0001785592"
company_name: "Leafly Holdings, Inc. /DE"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:23:08.308484+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Leafly Q4 revenue $9.7M, net loss narrows to $0.5M; appoints two board members

## Summary
- Q4 2023 revenue $9.7M vs $12.1M in Q4 2022; retail revenue $8.3M, brand $1.4M.
- Net loss improved to $0.5M from $5.8M in Q4 2022; adjusted EBITDA positive $1.2M.
- Full-year cost savings of $25M over 2022; cash $15.3M at quarter end.
- Michael Blue resigned as board chair; Alan Pickerill appointed chair.
- Jeffrey Monat and Andres Nannetti appointed independent directors, effective March 25, 2024.

## SEC filing metadata
- accession: 0000950170-24-038029
- form_type: 8-K
- cik: 0001785592
- company_name: Leafly Holdings, Inc. /DE
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/0000950170-24-038029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/lfly-20240325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-038029
- JSON: https://secwatch.observer/filing/0000950170-24-038029.json
- Plain text: https://secwatch.observer/filing/0000950170-24-038029.txt

## Key facts
- Earnings Releases
  Leafly Holdings, Inc. /DE reported fourth quarter and year ended December 31, 2023 results: revenue $9.7 million, net income $0.5 million.
  - Period: fourth quarter and year ended December 31, 2023
  - Revenue: $9.7 million
  - Net income: $0.5 million
  - Result: reported results
  source text: Revenue was $9.7 million, compared to $12.1 million in Q4 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/0000950170-24-038029-index.htm
- Earnings Releases
  Leafly Holdings, Inc. /DE reported financial results for the three months and year ended December 31, 2023.
  - Period: the three months and year ended December 31, 2023
  - Result: reported results
  source text: On March 28, 2024, Leafly Holdings, Inc. (the "Company") announced its financial results for the three months and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/0000950170-24-038029-index.htm
- Executive change
  Alan Pickerill was appointed as Chair of the Board at Leafly Holdings, Inc. /DE.
  - Action: appointed
  - Role: Chair of the Board
  source text: the Company's existing director, Alan Pickerill, was appointed to Chair of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/0000950170-24-038029-index.htm
- Executive change
  Jeffrey Monat was appointed as Director at Leafly Holdings, Inc. /DE.
  - Action: appointed
  - Role: Director
  source text: the Board appointed two new independent directors, Jeffrey Monat and Andres Nannetti, to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/0000950170-24-038029-index.htm
- Executive change
  Andres Nannetti was appointed as Director at Leafly Holdings, Inc. /DE.
  - Action: appointed
  - Role: Director
  source text: the Board appointed two new independent directors, Jeffrey Monat and Andres Nannetti, to the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/0000950170-24-038029-index.htm
- Executive change
  Michael Blue resigned as Director at Leafly Holdings, Inc. /DE.
  - Action: resigned
  - Role: Director
  source text: On March 25, 2024, Michael Blue tendered his resignation as a member of Leafly Holdings, Inc.'s (the "Company") Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017024038029/0000950170-24-038029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.