secwatch.observer — SEC 8-K summary
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Issuer:     Planet 13 Holdings Inc. (PLNH)
CIK:        0001813452
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001437749-25-009414
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet 13 Q4 2024 revenue $30.3M, net loss $26.4M includes $18.9M impairment
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- Q4 2024 revenue $30.3M (+31.8% YoY); full year revenue $116.4M (+18.2%).
- Q4 net loss $26.4M vs $14.3M loss in Q4 2023; includes $18.9M non-cash impairment.
- Q4 adjusted EBITDA $0.0M vs $1.3M in prior year; full year adj. EBITDA $3.5M (+49.2%).
- Gross margin fell to 43.2% in Q4 (from 47.8%) due to price compression and Florida discounts.
- Cash $25.4M at year-end vs $17.3M; total liabilities $94.0M up from $44.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813452/000143774925009414/0001437749-25-009414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813452/000143774925009414/plnh20241015_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-009414

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