secwatch.observer — SEC 8-K summary
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Issuer:     IZEA Worldwide, Inc. (IZEA)
CIK:        0001495231
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001495231-24-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IZEA reports Q4 revenue up 1% to $8.9M, net loss widens to $1.5M
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- Q4 revenue $8.9M (+1% YoY); net loss $1.5M vs $0.9M loss in Q4 2022.
- Adjusted EBITDA loss $1.1M in Q4 compared to $0.3M loss prior year.
- FY2023 revenue $36.2M (-12% YoY); net loss $7.3M vs $4.5M loss in FY2022.
- Cash and investments $64.2M at Dec 31, 2023; no long-term debt.
- Expanded into South Korea, launched AI video generation and platform features.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495231/000149523124000044/0001495231-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495231/000149523124000044/izea-20240401.htm
  HTML page:      https://secwatch.observer/filing/0001495231-24-000044

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