---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-096215"
form_type: "8-K"
ticker: "RKDA"
cik: "0001469443"
company_name: "Arcadia Biosciences, Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:40:45.103792+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Arcadia Q2 2024 net income $1.1M; sells wheat IP to Corteva for $4M

## Summary
- Q2 revenue $1.306M (flat YoY); net income $1.061M ($0.78/diluted share) vs $823K ($0.61) in Q2 2023.
- Sold Resistant Starch durum trait to Corteva for $4M cash; GoodWheat brand sold to Above Food for $4M over 3 years.
- Zola coconut water sales up 42% YoY; new pineapple and lime flavors shipping in Q2.
- Net loss H1 2024 $1.362M ($1.00/share) improved from $8.561M ($7.70) H1 2023, helped by Corteva gain.
- CEO Stan Jacot departed; Thomas J. Schaefer (former CFO) appointed president and CEO.

## SEC filing metadata
- accession: 0000950170-24-096215
- form_type: 8-K
- ticker: RKDA
- cik: 0001469443
- company_name: Arcadia Biosciences, Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1469443/000095017024096215/0000950170-24-096215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469443/000095017024096215/rkda-20240813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-096215
- JSON: https://secwatch.observer/filing/0000950170-24-096215.json
- Plain text: https://secwatch.observer/filing/0000950170-24-096215.txt

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