---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-106222"
form_type: "8-K"
ticker: "SNYR"
cik: "0001562733"
company_name: "Synergy CHC Corp."
filed_at: "2024-12-06T23:59:59+00:00"
generated_at: "2026-05-29T06:31:34.797306+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Synergy CHC Reports Q3 2024: Revenue $7.1M, Net Income $0.8M, Seventh Consecutive Profitable Quarter

## Summary
- Revenue declined 34% to $7.1 million from $10.8 million due to FOCUSfactor rebranding and retailer de-inventorying.
- Net income was $0.8 million ($0.10 EPS) vs $1.3 million ($0.17 EPS) in Q3 2023; gross margin fell to 67.2% from 72.0%.
- Completed IPO on Nasdaq (SNYR) on October 23, 2024, adding $6.2 million cash and reducing debt by $3.1 million post-quarter.
- Expanded retail partnerships: BJ's Wholesale Clubs (267 locations) and Publix (1,200 stores) for FOCUSfactor products.
- EBITDA (non-GAAP) was $1.3 million, down from $2.2 million, while inventory decreased to $1.9 million from $3.7 million.

## SEC filing metadata
- accession: 0001213900-24-106222
- form_type: 8-K
- ticker: SNYR
- cik: 0001562733
- company_name: Synergy CHC Corp.
- filed_at: 2024-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562733/000121390024106222/0001213900-24-106222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562733/000121390024106222/ea022382202-8k_synergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-106222
- JSON: https://secwatch.observer/filing/0001213900-24-106222.json
- Plain text: https://secwatch.observer/filing/0001213900-24-106222.txt

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