secwatch.observer — SEC 8-K summary
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Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001477932-25-002160
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden gross profit surges 181% to $2.3M; gross margin triples to 16.7% in 2024
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- Core herb revenue grew 16.3% YoY to $1.8M, offset by exit of lettuce/floral and vitamin declines.
- Net loss widened to $11.1M ($0.81 EPS) from $10.2M, driven by higher SG&A and interest costs.
- Company pursuing transformative acquisition of Narayan Group (European organic coconut/superfood producer).
- New product launches: Squeezables stir-in herb pastes and Kick Sports Nutrition on Amazon.
- Walmart partnership contributed to elimination of 11,803 metric tons of CO₂ in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793225002160/0001477932-25-002160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793225002160/edbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-002160

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