---
schema_version: "secwatch.filing_event.v1"
accession: "0001495231-23-000060"
form_type: "8-K"
ticker: "IZEA"
cik: "0001495231"
company_name: "IZEA Worldwide, Inc."
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:06:16.225490+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# IZEA Q1 Managed Services Bookings $6.1M, down 50% YoY

## Summary
- Q1 2023 Managed Services bookings totaled $6.1M, down from $12.1M in Q1 2022 (down ~50%).
- Decline driven by unwinding of one large customer that had outsized impact in prior year.
- Number of individual opportunities won in Q1 2023 was highest since Q1 2022; average deal size decreased.
- Management notes softness in customer budgets; focusing on new customer accounts to diversify concentration risk.

## SEC filing metadata
- accession: 0001495231-23-000060
- form_type: 8-K
- ticker: IZEA
- cik: 0001495231
- company_name: IZEA Worldwide, Inc.
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495231/000149523123000060/0001495231-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495231/000149523123000060/izea-20230410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495231-23-000060
- JSON: https://secwatch.observer/filing/0001495231-23-000060.json
- Plain text: https://secwatch.observer/filing/0001495231-23-000060.txt

## Key facts
- Earnings Releases
  IZEA Worldwide, Inc. reported preliminary financial results for Q1 2023.
  - Period: Q1 2023
  - Result: preliminary results
  source text: issued a press release disclosing its Q1 2023 Managed Services Bookings
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495231/000149523123000060/0001495231-23-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.