---
schema_version: "secwatch.filing_event.v1"
accession: "0001495231-23-000089"
form_type: "8-K"
ticker: "IZEA"
cik: "0001495231"
company_name: "IZEA Worldwide, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:01:17.880755+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# IZEA Q1 2023 revenue $8.7M, net loss $2.8M, revenue down 2% YoY

## Summary
- Revenue $8.7M, down 2% YoY; Managed Services +2% to $8.5M, SaaS -55% to $0.2M.
- Net loss $2.8M vs $2.5M in Q1 2022; Adj. EBITDA -$2.2M vs -$2.1M.
- Cash & investments $67.5M, no long-term debt.
- Launched IZEA Flex platform with generative AI Storyboards and cloud storage modules.
- No guidance issued; Q1 results show continued operating losses and declining SaaS revenue.

## SEC filing metadata
- accession: 0001495231-23-000089
- form_type: 8-K
- ticker: IZEA
- cik: 0001495231
- company_name: IZEA Worldwide, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495231/000149523123000089/0001495231-23-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495231/000149523123000089/izea-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495231-23-000089
- JSON: https://secwatch.observer/filing/0001495231-23-000089.json
- Plain text: https://secwatch.observer/filing/0001495231-23-000089.txt

## Key facts
- Earnings Releases
  IZEA Worldwide, Inc. reported first quarter ended March 31, 2023 results: revenue $8.7 million, net income Net loss was $2.8 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $8.7 million
  - Net income: Net loss was $2.8 million
  - Result: reported results
  source text: Total revenue decreased 2% to $8.7 million, compared to $8.9 million • Managed Services revenue increased 2% to $8.5 million, compared to $8.4 million • SaaS Services revenue decreased 55% to $0.2 million, compared to $0.5 million • Total costs and expenses increased 7% to $12.1 million compared to $11.3 million • Net loss was $2.8 million compared to a net loss of $2.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495231/000149523123000089/0001495231-23-000089-index.htm

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