Charlotte’s Web posts Q1 2025 revenue of $12.3M, first YoY growth since 2021; net loss narrows to $6.2M

Charlotte's Web Holdings, Inc.

2025-Q1 EPS reported -$0.04 revenue$12,262,000

Revenue $12.3M +1.1% YoY (first growth since Q2 2021); SG&A down 24.2%.
Net loss $6.2M ($0.04/sh) vs $9.7M; Adj. EBITDA -$2.8M vs -$3.9M.
Ended MLB deal, cutting >$18M in future cash outlays over 3 years.
DeFloria JV got FDA clearance for Phase 2 trial of AJA001 for autism irritability.
Whole Foods Market to roll out 3 topical isolates in 400+ stores starting June 2025.

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