secwatch.observer — SEC 8-K summary
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Issuer:     IZEA Worldwide, Inc. (IZEA)
CIK:        0001495231
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001495231-24-000153
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IZEA Q2 revenue down 15% to $9.1M; net loss widens to $2.2M
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- Total revenue $9.1M, down 14.9% YoY; Managed Services $8.9M (-16.6%); SaaS $0.2M (+244%).
- Net loss $2.2M vs $1.0M loss Q2 2023; Adjusted EBITDA -$1.6M vs -$0.6M.
- Cash and investments $56.5M, no long-term debt.
- Operational: won Viddy Awards for Barbie campaign; launched IZZY AI assistant beta; certified Great Place to Work.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495231/000149523124000153/0001495231-24-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495231/000149523124000153/izea-20240814.htm
  HTML page:      https://secwatch.observer/filing/0001495231-24-000153

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