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

Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001477932-25-005814
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden Q2 revenue down 28% to $3.1M; net loss widens; reclassifies preferred stock for Nasdaq compliance
--------------------------------------------------------------------------------

- Revenue $3.1M in Q2 2025, down 28% from $4.3M in Q2 2024; net loss widened to $4.0M from $1.9M.
- Strategic exit from low-margin floral and lettuce removed $741K revenue; non-perishable up 15%, international vitamins up 66.5%.
- Gross profit fell to $634K from $1.56M; SG&A rose to $4.2M from $2.7M on legal & acquisition costs.
- Reclassified Series B Preferred Stock as permanent equity; pro forma equity would be $16.6M, meeting Nasdaq Listing Rule 5550(b)(1).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793225005814/0001477932-25-005814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793225005814/8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-005814

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