---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-056864"
form_type: "8-K"
ticker: null
cik: "0001785592"
company_name: "Leafly Holdings, Inc. /DE"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:40:19.622145+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Leafly Q1 2024: Revenue $9.0M, net loss $2.4M, hires advisors for strategic alternatives

## Summary
- Q1 revenue $9.0M, down 20% YoY from $11.2M; retail revenue $7.9M, brand $1.2M.
- Net loss narrowed to $2.4M from $5.4M YoY; adjusted EBITDA loss $0.9M vs $3.3M.
- Operating expenses reduced 34% YoY to $9.8M; gross margin improved to 89%.
- Cash ended at $14.1M, down $1.2M from Q4 2023; cash burn continues.
- Engaged PGP and Benchmark to explore financing and strategic opportunities.

## SEC filing metadata
- accession: 0000950170-24-056864
- form_type: 8-K
- cik: 0001785592
- company_name: Leafly Holdings, Inc. /DE
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785592/000095017024056864/0000950170-24-056864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785592/000095017024056864/lfly-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-056864
- JSON: https://secwatch.observer/filing/0000950170-24-056864.json
- Plain text: https://secwatch.observer/filing/0000950170-24-056864.txt

## Key facts
- Earnings Releases
  Leafly Holdings, Inc. /DE reported the three months ended March 31, 2024 results: revenue $9.0 million, net income $2.4 million.
  - Period: the three months ended March 31, 2024
  - Revenue: $9.0 million
  - Net income: $2.4 million
  - Result: reported results
  source text: Delivered Q1 2024 revenue of $9.0 million Reported net loss of $2.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017024056864/0000950170-24-056864-index.htm

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