secwatch.observer — SEC 8-K summary
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Issuer:     Planet 13 Holdings Inc. (PLNH)
CIK:        0001813452
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001437749-25-026563
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet 13 Q2 revenue falls 13.6% to $26.9M; net loss widens to $13.3M
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- Revenue $26.9M, down 13.6% YoY; gross profit margin fell to 43.4% from 50.9%.
- Net loss of $13.3M compared to $8.1M loss a year ago; adj. EBITDA loss $2.4M vs +$3.2M.
- Operating expenses fell 4.6% to $18.5M due to cost-saving measures enacted in Q2.
- Cash balance $15.9M, down from $23.4M at Dec 31, 2024; total liabilities $103.1M.
- CFO Dennis Logan resigned Apr 30; Steve McLean appointed as interim CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813452/000143774925026563/0001437749-25-026563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813452/000143774925026563/plnh20250611_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-026563

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