secwatch.observer — SEC 8-K summary
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Issuer:     Laird Superfood, Inc. (LSF)
CIK:        0001650696
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001437749-25-034125
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laird Superfood Q3 net loss $1.0M on $12.9M revenue (+10% YoY); gross margin falls to 36.5%
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- Net Sales of $12.9M, up 10% YoY; Laird Superfood brand +14%, Picky Bars -45%.
- Net Loss of $1.0M ($0.09/share) vs $0.2M loss in prior year; adjusted EBITDA positive $0.2M.
- Gross Margin 36.5% vs 43.0% prior year; decline due to supplier settlement non-recurrence, commodity inflation, tariffs.
- Wholesale sales up 39% YoY (53% of total); e-commerce down 11% (47% of total).
- Positive cash flow of $1.1M; CEO cites double-digit growth and distribution gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650696/000143774925034125/0001437749-25-034125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650696/000143774925034125/lsf20250827_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-034125

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