secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000950170-25-065642
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zevia Q1 net sales $38M, gross margin record 50.1%, Adj. EBITDA loss beats guidance
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- Net sales $38.0M (-2% YoY); net loss improved to $6.4M from $7.2M; EPS loss $0.08 vs $0.10.
- Gross margin 50.1% (record), up 4.4pp YoY; Adj. EBITDA loss $3.3M, better than -$5.5M YoY and guidance of -$5.6M to -$6.0M.
- Cash $27.7M, no debt; FY2025 guidance maintained: net sales $158M-$163M, Adj. EBITDA loss $8M-$11M.
- Q2 2025 guidance: net sales $40.5M-$42.5M, Adj. EBITDA loss $2.2M-$2.9M.
- Marketing spend rose $3.5M to $6.2M; selling expenses down 25.8% due to Productivity Initiative.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000095017025065642/0000950170-25-065642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000095017025065642/zvia-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-065642

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