{"schema_version":"secwatch.filing_event.v1","accession":"0001279569-23-001032","form_type":"8-K","ticker":"CWBHF","cik":"0001750155","company_name":"Charlotte's Web Holdings, Inc.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.083147+00:00","generated_at":"2026-06-11T18:31:28.365545+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 Q2 revenue falls 15% to $16M; net income $2.8M (non-cash) but adjusted EBITDA loss widens","bullets":["Revenue $16.0M vs $18.9M YoY (-15%); gross margin improved to 55.7% from 49.4%.","Net income of $2.8M due to $10.7M non-cash gain on DeFloria investment and $4.2M derivative gain; vs net loss of $7.9M YoY.","Adjusted EBITDA loss of $7.1M vs $5.4M loss YoY; SG&A up 13.7% to $19.6M including MLB amortization.","Cash balance $61.7M at quarter end; positive operating cash flow of $1.0M; received $4.2M IRS ERC.","Regulatory progress: FDA committed to work with Congress on CBD; H.R. 1629 bill; House hearing July 27."],"urls":{"canonical":"https://secwatch.observer/filing/0001279569-23-001032","json":"https://secwatch.observer/filing/0001279569-23-001032.json","markdown":"https://secwatch.observer/filing/0001279569-23-001032.md","text":"https://secwatch.observer/filing/0001279569-23-001032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750155/000127956923001032/0001279569-23-001032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750155/000127956923001032/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T18:31:28.365545+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":"fdd03105c9bb8d895de280b8feaed10fd4a55eb6","claim":"Charlotte's Web Holdings, Inc. reported financial results for second quarter ended June 30, 2023.","evidence_excerpt":"On August 10, 2023, Charlotte’s Web Holdings, Inc. (the “Company”) issued an earnings release announcing its financial results for the three months and six months ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750155/000127956923001032/0001279569-23-001032-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"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"}