secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001437749-23-031770
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good Q3 revenue surges to $5.0M from $87.7k; GAAP net income $0.3M vs loss $1.6M
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- Revenue $5.0M (Q3 2023) vs $87.7k year-ago; gross margin 46% vs 26%.
- GAAP net income $0.3M vs net loss $1.6M prior year; Adjusted EBITDA $0.6M vs -$1.1M.
- Launched four SKUs in 300 Target stores in Sept; expanded Five Below to five products.
- Leased 51k sq ft warehouse; three additional freeze driers expected operational Q1 2024.
- Cash $2.1M at Sept 30, including $3.7M from private placement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000143774923031770/0001437749-23-031770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000143774923031770/sowg20231110c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-031770

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