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

Issuer:     Charlotte's Web Holdings, Inc. (CWBHF)
CIK:        0001750155
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001279569-25-000278
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Charlotte's Web Q4 2024 revenue $12.7M; positive Adj. EBITDA $0.3M; full-year loss narrows
--------------------------------------------------------------------------------

- Q4 revenue $12.7M (down 20% YoY) but sequentially up from $12.6M in Q3 2024.
- Q4 adjusted EBITDA turned positive at $0.3M, vs. -$6.5M in Q4 2023.
- FY 2024 revenue $49.7M, down 21% YoY; net loss $29.8M vs. $23.8M in 2023.
- Operating expenses cut $22.4M in 2024; cash burn reduced; cash reserves $22.6M.
- Expanded retail to 847 Walmart stores, launched on Chewy.com; soon on Amazon.com.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750155/000127956925000278/0001279569-25-000278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750155/000127956925000278/charlotte8k.htm
  HTML page:      https://secwatch.observer/filing/0001279569-25-000278

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