---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002912"
form_type: "8-K"
ticker: null
cik: "0001761510"
company_name: "TILT Holdings Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:23:43.128615+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TILT Holdings Q1 2024 revenue $37.5M, net loss widens to $9.7M

## Summary
- Revenue $37.5M vs $42.3M a year ago; down 11% on lower sales and price compression in MA, PA and Jupiter hardware.
- Net loss $9.7M vs $4.9M; driven by lower gross profit and absence of $8.4M gain on asset sales from Q1 2023.
- Adjusted EBITDA (non-GAAP) improved to $38,000 from a loss of $79,000 in prior year.
- Cash and restricted cash $3.5M at quarter end; notes payable net of discount $59.7M.
- Launched Level pressed-tablet brand in PA; Standard Farms won NECANN Cup best vape cartridge for third year.

## SEC filing metadata
- accession: 0001171843-24-002912
- form_type: 8-K
- cik: 0001761510
- company_name: TILT Holdings Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761510/000117184324002912/0001171843-24-002912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761510/000117184324002912/f8k_051524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002912
- JSON: https://secwatch.observer/filing/0001171843-24-002912.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002912.txt

## Key facts
- Earnings Releases
  TILT Holdings Inc. reported the three months ended March 31, 2024 results: revenue $37.5 million.
  - Period: the three months ended March 31, 2024
  - Revenue: $37.5 million
  - Result: reported results
  source text: Revenue was $37.5 million in the three months ended March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761510/000117184324002912/0001171843-24-002912-index.htm

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