secwatch.observer — SEC 8-K summary
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Issuer:     Real Good Food Company, Inc. (—)
CIK:        0001871149
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001193125-24-252178
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Real Good Food restates 2022-2023 financials; revenue recognition error
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- Non-reliance on unaudited quarterly statements for 2022 and 2023, and audited 2022 annual.
- Error: timing of revenue recognition for a specific sales agreement; correction shifts revenue between periods.
- Correction reduces revenue, COGS, and AR for 2022; increases same items for 2023.
- Net inventory decrease due to combined effect with prior inventory error (March 2024 8-K).
- No material impact on total revenue, cash, or liquidity; amended 10-K/10-Qs to be filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1871149/000119312524252178/0001193125-24-252178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1871149/000119312524252178/d853542d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-252178

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