secwatch.observer — SEC 8-K summary ====================================== Issuer: Laird Superfood, Inc. (LSF) CIK: 0001650696 Form: 8-K Filed at: 2026-03-26T23:59:59+00:00 Accession: 0001437749-26-009947 Event type: earnings Sentiment: negative Materiality: 0.65 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Laird Superfood reports record FY 2025 net sales of $49.9M, up 15% YoY; Q4 net loss widens -------------------------------------------------------------------------------- - FY 2025 net sales record $49.9M, up 15% YoY; Q4 net sales $13.3M, up 15% YoY. - Q4 gross margin 34.1% vs 38.6% prior year, driven by commodity and tariff costs. - Q4 net loss $1.8M ($0.16/diluted share) vs $0.4M loss prior year; Adjusted EBITDA ($0.4M) vs ($0.2M). - Wholesale sales up 44% YoY in Q4 to 52% of total net sales; e-commerce down 6%. - Management highlights recent Navitas Organics acquisition for scaling superfood platform. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1650696/000143774926009947/0001437749-26-009947-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1650696/000143774926009947/lsf20251124_8k.htm HTML page: https://secwatch.observer/filing/0001437749-26-009947 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer