secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001193125-21-327451
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zevia Q3 net sales $39M (+22% YoY); net loss $49.8M with $45.7M stock comp
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- Record net sales $39.0M, up 22% vs Q3 2020; unit volume +26% to 3.5M equivalized cases.
- Net loss $49.8M ($0.75 loss per share) inclusive of $45.7M non-cash equity-based compensation.
- Adjusted EBITDA loss $3.5M vs positive $3.0M in Q3 2020; gross margin 44% vs 47% due to higher trade promotions.
- Cash $78.7M, zero debt; YTD cash used in operations $13.1M, capital expenditures $2.3M.
- ESG: eliminated ~3,000 metric tons of sugar and ~50M plastic bottles via aluminum packaging.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000119312521327451/0001193125-21-327451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000119312521327451/d259446d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-327451

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