secwatch.observer — SEC 8-K summary
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Issuer:     Planet 13 Holdings Inc. (PLNH)
CIK:        0001813452
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001437749-24-005738
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet 13 Q4 2023 revenue $23M (-7.5% YoY), net loss $14.3M, Adjusted EBITDA $1.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/0001437749-24-005738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813452/000143774924005738/plnh20240220_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-005738

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