{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-015364","form_type":"8-K","ticker":"LSF","cik":"0001650696","company_name":"Laird Superfood, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.430302+00:00","generated_at":"2026-06-02T10:35:05.709924+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Laird Superfood Q1 net sales up 22% to $9.9M; gross margin reaches 40%","bullets":["Net sales of $9.9M vs $8.1M YoY (22% increase); e-commerce sales up 33%, wholesale up 10%.","Gross margin of 40.0%, up from 23.1% YoY, driven by co-manufacturing shift and trade spend cuts.","Net loss improved to $1.0M ($0.11 diluted loss) from $4.1M ($0.45 loss) YoY; adjusted net loss $1.0M.","Raises 2024 net sales outlook to $38-42M (prior upper end) and gross margin guidance to 37-41%.","Cash balance $7.3M, no debt; management expects sufficient cash into 2026 and beyond."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-015364","json":"https://secwatch.observer/filing/0001437749-24-015364.json","markdown":"https://secwatch.observer/filing/0001437749-24-015364.md","text":"https://secwatch.observer/filing/0001437749-24-015364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650696/000143774924015364/0001437749-24-015364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650696/000143774924015364/lsf20240415_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T10:35:05.709924+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":"f5d3a429b37831a1a7b9c68c02e73917001700cc","claim":"Laird Superfood, Inc. reported the three months ended March 31, 2024 results: revenue $9.9 million, net income Net Loss was $1.0 million, or $0.11 per diluted share, EPS $0.11 per diluted share. Guidance raised.","evidence_excerpt":"the confidence that we have in our near-term financial results as well as the long-term strategies and financial future of Laird.\" First Quarter 2024 Highlights ● Net Sales of $ 9.9 million compared to $9.2 million in the prior quarter, and $ 8.1 million in the corresponding prior year period. ● Wholesale sales increased by 10% year-over-year and contributed 41% of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650696/000143774924015364/0001437749-24-015364-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$9.9 million"},{"label":"Net income","value":"Net Loss was $1.0 million, or $0.11 per diluted share"},{"label":"EPS","value":"$0.11 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}