secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0000950170-24-097197
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good Q2 revenue $15.6M, net income $3.3M vs loss $3.3M year ago
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- Q2 revenue $15.6M, up 37% sequentially and vs $1.3M in Q2 2023.
- Net income $3.3M ($0.29 diluted EPS) vs net loss $3.3M ($0.68) a year ago.
- Gross margin improved to 57.6%; adjusted EBITDA $6.2M vs ($2.1M) prior year.
- Raised $12.8M net in May public offering; cash $14.4M at June 30.
- CEO cites slower Q3 start due to seasonal heat shipping pause; expanding production.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000095017024097197/0000950170-24-097197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000095017024097197/sowg-20240814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-097197

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