{"schema_version":"secwatch.filing_event.v1","accession":"0001279569-23-000336","form_type":"8-K","ticker":"CWBHF","cik":"0001750155","company_name":"Charlotte's Web Holdings, Inc.","filed_at":"2023-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.407368+00:00","generated_at":"2026-06-17T18:53:04.516032+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Charlotte's Web Q4 2022 revenue down 23.8% to $18.9M; net loss $35.2M","bullets":["Full-year 2022 revenue $74.1M (down 22.8% YoY); net loss $59.3M vs $137.7M in 2021.","Q4 2022 gross profit negative $10.5M due to $21.5M inventory provisions; adjusted gross margin 58.1%.","Adjusted EBITDA loss improved to $4.5M (Q4 2021: $8.3M); full-year loss $11.8M vs $20.6M.","Cash balance $67M at year-end 2022, up from $19.5M; net cash from ops improved to -$5.3M vs -$29.6M.","BAT invested $56.8M via convertible debenture; MLB named Official CBD partner (4% equity stake)."],"urls":{"canonical":"https://secwatch.observer/filing/0001279569-23-000336","json":"https://secwatch.observer/filing/0001279569-23-000336.json","markdown":"https://secwatch.observer/filing/0001279569-23-000336.md","text":"https://secwatch.observer/filing/0001279569-23-000336.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750155/000127956923000336/0001279569-23-000336-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750155/000127956923000336/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T18:53:04.516032+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":"a4356d9f54a25bca6e3688ffdb8e4215c8be8388","claim":"Charlotte's Web Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $18.9 million, net income $(35.2) million, EPS $(0.23) per diluted share.","evidence_excerpt":"of revenue, an improvement from Q4 2021 Adjusted Gross Profit, which was $13.8 million, or 55.4%. Consolidated net revenue for the fourth quarter ended December 31, 2022, was $18.9 million, a decrease of 23.8% year-over-year from $24.8 million in the fourth quarter of 2021, primarily due to lower retail and online sales through the Company’s webstore. On a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750155/000127956923000336/0001279569-23-000336-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$18.9 million"},{"label":"Net income","value":"$(35.2) million"},{"label":"EPS","value":"$(0.23) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ad53cb4ed2d9d5a8dcb877db2cdf9e7198c4311d","claim":"Charlotte's Web Holdings, Inc. reported financial results for the year ended December 31, 2022.","evidence_excerpt":"On March 23, 2023, Charlotte’s Web Holdings, Inc. (the “Company”) issued an earnings release announcing its financial results for the quarter and year ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750155/000127956923000336/0001279569-23-000336-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}