secwatch.observer — SEC 8-K summary
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Issuer:     IZEA Worldwide, Inc. (IZEA)
CIK:        0001495231
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001495231-25-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IZEA Q4 revenue $11.0M (+24% YoY) but net loss widens to $4.6M on $2.7M charges
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- Total revenue increased 23.7% to $11.0M vs $8.9M; Managed Services bookings up 52.8% to $11.7M.
- Net loss was $4.6M including $2.7M one-time charges vs $1.5M loss; Adjusted EBITDA $(1.5)M vs $(1.1)M.
- Full year revenue $35.9M vs $36.2M; net loss $18.9M including $8M one-time charges vs $7.4M loss.
- Targeted workforce reductions expected to save $5.1M annually; divested Hoozu investment.
- New business from Academy Sports, NHTSA, Navy Federal Credit Union; added Chief Talent Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495231/000149523125000049/0001495231-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495231/000149523125000049/izea-20250327.htm
  HTML page:      https://secwatch.observer/filing/0001495231-25-000049

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