{"schema_version":"secwatch.filing_event.v1","accession":"0001279569-24-000301","form_type":"8-K","ticker":"CWBHF","cik":"0001750155","company_name":"Charlotte's Web Holdings, Inc.","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.391247+00:00","generated_at":"2026-06-04T10:04:00.252033+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 net loss $8.5M; FY revenue down 14.8% to $63.2M, launches True North turnaround","bullets":["Q4 2023 revenue $15.9M (-16% YoY); gross profit $8.9M (56% margin); net loss $8.5M ($0.06/share).","FY 2023 revenue $63.2M (-14.8% from $74.1M); net loss $23.8M ($0.16/share) improved vs $59.3M loss in 2022.","True North turnaround includes eCommerce platform migration, brand consolidation under Charlotte's Web, and price cuts on CBD oils.","Cash balance $47.8M at Dec 31, 2023; Q4 cash burn $2.2M (incl. $2.0M MLB payment); working capital $54.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001279569-24-000301","json":"https://secwatch.observer/filing/0001279569-24-000301.json","markdown":"https://secwatch.observer/filing/0001279569-24-000301.md","text":"https://secwatch.observer/filing/0001279569-24-000301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750155/000127956924000301/0001279569-24-000301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750155/000127956924000301/charlotte8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T10:04:00.252033+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":"7d1dabc9875bc3b0ea187f7867cf9e808a095ddd","claim":"Charlotte's Web Holdings, Inc. reported financial results for fourth quarter ended December 31, 2023.","evidence_excerpt":"Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the market leader in full spectrum hemp extract wellness products, today reported financial results for fourth quarter and year-ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750155/000127956924000301/0001279569-24-000301-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a65bbb9456cfcea9b42ce60dca081f5bc10141a1","claim":"Charlotte's Web Holdings, Inc. reported financial results for year-ended December 31, 2023.","evidence_excerpt":"Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the market leader in full spectrum hemp extract wellness products, today reported financial results for fourth quarter and year-ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750155/000127956924000301/0001279569-24-000301-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year-ended December 31, 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"}