---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007570"
form_type: "8-K/A"
ticker: "LSF"
cik: "0001650696"
company_name: "Laird Superfood, Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:21:01.715284+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Laird Superfood posts first-ever positive Q4 net income; gross margin rises to 40.4%

## Summary
- Q4 net income of $0.1M ($0.01 diluted EPS) vs $15.5M loss a year ago; first positive net income as public co.
- Gross margin of 40.4% in Q4 vs -4.6% a year ago, driven by transition to variable-cost co-manufacturing model.
- Cash balance $7.7M, no debt; company expects to fund operations into 2026 and remove going concern language from 10-K.
- DTC e-commerce returned to growth (+10% YoY); Amazon sales declined 12% YoY. Total net sales flat at $9.2M.

## SEC filing metadata
- accession: 0001437749-24-007570
- form_type: 8-K/A
- ticker: LSF
- cik: 0001650696
- company_name: Laird Superfood, Inc.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650696/000143774924007570/0001437749-24-007570-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650696/000143774924007570/lsf20240312_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007570
- JSON: https://secwatch.observer/filing/0001437749-24-007570.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007570.txt

## Key facts
- Earnings Releases
  Laird Superfood, Inc. reported fourth quarter ended December 31, 2023 results: revenue $9.2 million, net income $0.1 million, EPS $0.01.
  - Period: fourth quarter ended December 31, 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/1650696/000143774924007570/0001437749-24-007570-index.htm

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