secwatch.observer — SEC 8-K summary
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Issuer:     IZEA Worldwide, Inc. (IZEA)
CIK:        0001495231
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001495231-23-000217
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IZEA Q3 2023 revenue falls 27% to $7.9M; net loss widens to $2.0M
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- Revenue decreased 27.1% YoY to $7.9M from $10.8M; net loss was $2.0M vs $0.9M loss in Q3 2022.
- Adjusted EBITDA was -$1.5M vs -$0.6M a year ago; total costs and expenses fell 13.3% to $10.5M.
- Cash, cash equivalents and investments totaled $62.7M as of Sept 30, 2023, with no long-term debt.
- Named 'Best Influencer Marketing Company' in 2023 MarTech Breakthrough Awards; expanded into South Korea market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495231/000149523123000217/0001495231-23-000217-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495231/000149523123000217/izea-20231114.htm
  HTML page:      https://secwatch.observer/filing/0001495231-23-000217

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