---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007464"
form_type: "8-K"
ticker: "LSF"
cik: "0001650696"
company_name: "Laird Superfood, Inc."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:02:42.122768+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Laird Superfood posts first quarterly net income of $0.1M; gross margin 40.4%

## Summary
- Q4 net sales $9.2M (flat vs Q3, +2% YoY); DTC grew 10% YoY; wholesale +3% YoY.
- Gross margin 40.4% vs 31.0% in Q3 and -4.6% in Q4 2022; net income $0.1M ($0.01 EPS).
- Cash balance $7.7M, no debt; no going-concern language expected in 2023 10-K.
- Adjusted net income $20K; CEO calls Q4 best ever as public company.

## SEC filing metadata
- accession: 0001437749-24-007464
- form_type: 8-K
- ticker: LSF
- cik: 0001650696
- company_name: Laird Superfood, Inc.
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650696/000143774924007464/0001437749-24-007464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650696/000143774924007464/lsf20240130_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007464
- JSON: https://secwatch.observer/filing/0001437749-24-007464.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007464.txt

## Key facts
- Earnings Releases
  Laird Superfood, Inc. reported Fourth Quarter and Fiscal Year 2023 results: revenue $9.2 million, net income $0.1 million, EPS $0.01.
  - Period: Fourth Quarter and Fiscal Year 2023
  - Revenue: $9.2 million
  - Net income: $0.1 million
  - EPS: $0.01
  - Result: reported results
  source text: and our Annual Report on Form 10-K will not contain the going concern language that was included in our prior quarterly reports." Fourth Quarter 2023 Highlights ● Net Sales of $ 9.2 million compared to $9.2 million in the prior quarter, and $ 9.0 million in the prior year period. ● Wholesale contributed 34% of total Net Sales and increased by 3% year-over-year,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650696/000143774924007464/0001437749-24-007464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.