secwatch.observer — SEC 8-K summary
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Issuer:     IZEA Worldwide, Inc. (IZEA)
CIK:        0001495231
Form:       8-K
Filed at:   2026-05-12T20:06:58+00:00
Accession:  0001495231-26-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IZEA Q1 revenue $6.6M (-18% YoY), net loss $0.8M; launches AI platform ZED
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- Revenue $6.6M vs $8.0M YoY; Managed Services bookings $6.3M (-17%) due to enterprise contract timing.
- Net loss $0.8M ($0.04 EPS) vs loss $0.1M ($0.01 EPS); adjusted EBITDA -$0.5M vs -$0.1M.
- Cash $46.5M at March 31, 2026, down $4.4M quarter-over-quarter on working capital timing.
- New enterprise wins: Hulu, ASUS, Garanimals, Emmi Roth; launched AI-powered ZED platform.
- Added 12 strategic hires including VP of Creator Strategy Lindsey Gamble.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495231/000149523126000015/0001495231-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495231/000149523126000015/izea-20260512.htm
  HTML page:      https://secwatch.observer/filing/0001495231-26-000015

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