---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-016170"
form_type: "8-K"
ticker: "ZSTK"
cik: "0001790169"
company_name: "ZeroStack Corp."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T18:40:53.980889+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Flora Growth Q2 revenue up 140% to $21.5M; net loss $44.6M includes $34.9M impairment

## Summary
- Q2 revenue $21.5M (+140% YoY); gross profit $4.0M (+19% YoY).
- Net loss $44.6M, including $34.9M impairment and $7.6M loss from discontinued operations.
- H1 revenue $40.8M (+210% YoY); net loss $48.5M, with $34.9M impairment and $8.3M discontinued ops.
- Board member Beverley Richardson resigned effective August 9, 2023; no disagreement cited.

## SEC filing metadata
- accession: 0001062993-23-016170
- form_type: 8-K
- ticker: ZSTK
- cik: 0001790169
- company_name: ZeroStack Corp.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1790169/000106299323016170/0001062993-23-016170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1790169/000106299323016170/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-016170
- JSON: https://secwatch.observer/filing/0001062993-23-016170.json
- Plain text: https://secwatch.observer/filing/0001062993-23-016170.txt

## Key facts
- Earnings Releases
  ZeroStack Corp. reported three and six months ended June 30, 2023 results: revenue $40.8 million, net income Net loss of $48.5 million.
  - Period: three and six months ended June 30, 2023
  - Revenue: $40.8 million
  - Net income: Net loss of $48.5 million
  - Result: reported results
  source text: to prioritize Flora as a leading consumer brand globally,” said Clifford Starke, Chief Executive Officer. Financial and Operating Highlights for the Quarter Flora generated $21.5 million in revenue, a 140% increase year-over-year. Gross profit increased 19% year-over-year, to $4.0 million. Net loss of $44.6 million. Net loss in the quarter includes the impact of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1790169/000106299323016170/0001062993-23-016170-index.htm
- Earnings Releases
  ZeroStack Corp. reported three and six months ended June 30, 2023 results: revenue $40.8 million, net income Net loss of $48.5 million.
  - Period: three and six months ended June 30, 2023
  - Revenue: $40.8 million
  - Net income: Net loss of $48.5 million
  - Result: reported results
  source text: Flora generated $40.8 million in revenue, a 210% increase year-over-year. Gross profit for increased 68% year-over-year, to $9.3 million. Net loss of $48.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1790169/000106299323016170/0001062993-23-016170-index.htm
- Executive change
  Beverley Richardson resigned as board member at ZeroStack Corp..
  - Action: resigned
  - Role: board member
  source text: On August 9, 2023, Beverley Richardson tendered her resignation as board member of the Company with such resignation becoming effective on August 9, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1790169/000106299323016170/0001062993-23-016170-index.htm

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