secwatch.observer — SEC 8-K summary
======================================

Issuer:     Charlotte's Web Holdings, Inc. (CWBHF)
CIK:        0001750155
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001279569-24-001386
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Charlotte's Web Q3 revenue $12.6M (-12% YoY); net loss narrows to $5.8M
-----------------------------------------------------------------------

- Revenue $12.6M vs $14.3M YoY; net loss $5.8M ($0.04/sh) compared to $15.2M ($0.10) in Q3 2023.
- SG&A expense down 36% to $12.7M; expects full-year opex to be >$20M lower than 2023.
- Launched in Walmart (827 stores) for topical isolates; gummy sales up >10% YoY; new Functional Mushroom Gummies and Soft Gel Capsules.
- Cash $24.6M (down from $47.8M at Dec 2023); working capital $33.5M.
- No Q3 earnings call; company will hold only two earnings calls per year going forward.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750155/000127956924001386/0001279569-24-001386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750155/000127956924001386/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001279569-24-001386

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer