secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2024-03-22T23:59:59+00:00
Accession:  0001437749-24-009046
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good Q4 revenue hits record $9.5M, turns GAAP net income positive at $1.3M
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- Q4 2023 revenue $9.5M vs $47.1K in Q4 2022; sequential growth of 89% from Q3 2023.
- GAAP net income $1.3M in Q4 vs net loss $6.8M in Q4 2022; full-year net loss improved to $3.1M from $12.1M.
- Adjusted EBITDA $2.3M in Q4 vs $(1.0)M in Q4 2022; full-year Adjusted EBITDA $1.5M vs $(4.6)M.
- Gross margin Q4 35% (vs 4% prior year); full-year gross margin 30% (vs 28%).
- Company expanded retail partnerships with Five Below, Target, Circle K, Cracker Barrel; added freeze driers and co-manufacturing in China/Colombia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000143774924009046/0001437749-24-009046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000143774924009046/sowg20231216_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-009046

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