{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-070176","form_type":"8-K","ticker":null,"cik":"0001871149","company_name":"Real Good Food Company, Inc.","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.177925+00:00","generated_at":"2026-06-04T15:52:09.518676+00:00","sec_items":["4.02","5.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Real Good Food restates prior financials over $7-12M inventory error; appoints new CEO","bullets":["Restates FY2022 and Q1-Q3 2023 financials; inventory reduced $7-12M, COGS increased.","Gerard Law departed as CEO effective March 15, 2024; succeeded by Tim Zimmer, former CMO of Smithfield.","Plans to close City of Industry facility by June 30, 2024; expects significant cost savings with minimal cash outlay.","Brand consumption up 53% YoY for two months ended Feb 29, 2024; measured channel +96%, unmeasured +23%.","Refinancing in March 2024 reduced revolver to $25M, liquidity at $10M; monthly cash debt service now $1.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-070176","json":"https://secwatch.observer/filing/0001193125-24-070176.json","markdown":"https://secwatch.observer/filing/0001193125-24-070176.md","text":"https://secwatch.observer/filing/0001193125-24-070176.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871149/000119312524070176/0001193125-24-070176-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871149/000119312524070176/d784582d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T15:52:09.518676+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"138aec701f67eac578bfd943bfc05086d5a023a1","claim":"Real Good Food Company, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"vely with the year ended December 31, 2022, the “Non-Reliance Periods”), included in the Company’s quarterly reports on Form 10-Q filed with the SEC on May 15, 2023, August 14, 2023, and November 14, 2023, respectively, should no longer be relied upon. During the preparation of the Company’s consolidated financial statements for the year ended December 31, 2023, the Company identified certain errors related to differences between the 2022 year-end physical inventory listing and the inventory recorded as of December 31, 2022 (collectively, the “Error”). The correction of the Error will result in both the reduction of the inventory balance and an increase in cost of goods sold previously reported for the year ended 2022, and a reduction of the inventory balance and retained earnings for the above-mentioned quarterly periods in 2023. The Company is currently in the process of assessing the","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1871149/000119312524070176/0001193125-24-070176-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"},{"claim_id":"aed75e3475","claim":"Tim Zimmer was appointed as Chief Executive Officer at Real Good Food Company, Inc..","evidence_excerpt":"the Company announced the appointment of Tim Zimmer as the Company’s Chief Executive Officer, effective March 15, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1871149/000119312524070176/0001193125-24-070176-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"db6a76d599","claim":"Gerard Law departed as Chief Executive Officer at Real Good Food Company, Inc..","evidence_excerpt":"Mr. Zimmer succeeds Gerard Law, who departed the Company as its Chief Executive Officer, effective March 15, 2024, following notice received that same day.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1871149/000119312524070176/0001193125-24-070176-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}