secwatch.observer — SEC 8-K summary
======================================

Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001477932-25-003726
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden Q1 revenue falls 13% to $2.7M; gross profit quadruples to $88K
----------------------------------------------------------------------------

- Revenue $2.7M (-13.2% YoY) driven by exit from low-margin floral/lettuce lines.
- Gross profit $88K (+283% YoY); gross margin 3.2% vs. 0.7% in prior year.
- Net loss narrowed to $3.3M from $4.0M; SG&A down 23% to $3.0M.
- Non-perishable revenue up 15% YoY; cut herbs saw 13% seasonal growth.
- Recently completed $15.5M asset acquisition from NaturalShrimp adding patents and R&D capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793225003726/0001477932-25-003726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793225003726/edbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-003726

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