{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-005738","form_type":"8-K","ticker":"PLNH","cik":"0001813452","company_name":"Planet 13 Holdings Inc.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.641181+00:00","generated_at":"2026-06-05T12:32:50.894703+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Planet 13 Q4 2023 revenue $23M (-7.5% YoY), net loss $14.3M, Adjusted EBITDA $1.3M","bullets":["Revenue $23.0M in Q4 2023, down 7.5% YoY from $24.8M; gross profit $11.0M, up 2.8% YoY.","Net loss $14.3M vs $38.6M loss in Q4 2022; Adjusted EBITDA positive $1.3M vs -$0.6M prior year.","Full year 2023 revenue $98.5M (-5.8%), net loss $73.6M; Adjusted EBITDA $1.9M vs -$7.5M in 2022.","As of Dec 31, 2023: cash $11.9M, restricted cash $5.5M, total cash $17.4M, total debt $0.9M.","Results are preliminary and unaudited; full Q4 and FY2023 earnings release scheduled for March 13, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-005738","json":"https://secwatch.observer/filing/0001437749-24-005738.json","markdown":"https://secwatch.observer/filing/0001437749-24-005738.md","text":"https://secwatch.observer/filing/0001437749-24-005738.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/0001437749-24-005738-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/plnh20240220_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T12:32:50.894703+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":"5bfa0c6e8862aa1b957eb2b2071b73f8124de6a5","claim":"Planet 13 Holdings Inc. reported the fourth quarter ended December 31, 2023 results: revenue $ 23.0, net income $ (14.3 ).","evidence_excerpt":"Preliminary Unaudited Financial Highlights - Q4 2023 (Figures in millions For the Three Months Ended For the Full Year Ended and % change based December 31, December 31, December 31, December 31, on these figures) 2023 2022 change 2023 2022 change Total Revenue $ 23.0 $ 24.8 -7.5 % $ 98.5 $ 104.6 -5.8 % Gross Profit $ 11.0 $ 10.7 2.8 % $ 44.8 $ 48.0 -6.6 % Gross Profit % 47.8 % 43.0 % 11.2 % 46 % 46 % -0.8 % Operating Expenses $ 18.1 $ 45.9 -60.5 % $ 94.8 $ 80.9 17.1 % Operating Expenses % 79 % 185 % 96 % 77 % 24.3 % Net Loss Before Provision for Income Taxes $ (10.3 ) $ (37.7 ) nmf $ (62.1 ) $ (50.8 ) 22.2 % Net Loss $ (14.3 ) $ (38.6 ) nmf $ (73.6 ) $ (59.5 ) 23.6 % Adjusted EBITDA $ 1.3 $ (0.6 ) nmf $ 1.9 $ (7.5 ) nmf Adjusted EBITDA Margin % 5.6 % -3.2 % 1.9 % (7.2 )%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/0001437749-24-005738-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$ 23.0"},{"label":"Net income","value":"$ (14.3 )"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"e0d8ef5d4ba5516aec8377919becff8d8aab1d91","claim":"Planet 13 Holdings Inc. reported the full year ended December 31, 2023 results: revenue $ 98.5, net income $ (73.6 ).","evidence_excerpt":"Preliminary Unaudited Financial Highlights - Q4 2023 (Figures in millions For the Three Months Ended For the Full Year Ended and % change based December 31, December 31, December 31, December 31, on these figures) 2023 2022 change 2023 2022 change Total Revenue $ 23.0 $ 24.8 -7.5 % $ 98.5 $ 104.6 -5.8 % Gross Profit $ 11.0 $ 10.7 2.8 % $ 44.8 $ 48.0 -6.6 % Gross Profit % 47.8 % 43.0 % 11.2 % 46 % 46 % -0.8 % Operating Expenses $ 18.1 $ 45.9 -60.5 % $ 94.8 $ 80.9 17.1 % Operating Expenses % 79 % 185 % 96 % 77 % 24.3 % Net Loss Before Provision for Income Taxes $ (10.3 ) $ (37.7 ) nmf $ (62.1 ) $ (50.8 ) 22.2 % Net Loss $ (14.3 ) $ (38.6 ) nmf $ (73.6 ) $ (59.5 ) 23.6 % Adjusted EBITDA $ 1.3 $ (0.6 ) nmf $ 1.9 $ (7.5 ) nmf Adjusted EBITDA Margin % 5.6 % -3.2 % 1.9 % (7.2 )%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/0001437749-24-005738-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$ 98.5"},{"label":"Net income","value":"$ (73.6 )"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}