{"schema_version":"secwatch.filing_event.v1","accession":"0001750155-26-000076","form_type":"8-K","ticker":"CWBHF","cik":"0001750155","company_name":"Charlotte's Web Holdings, Inc.","filed_at":"2026-05-13T11:07:49+00:00","discovered_at":"2026-05-13T11:10:00.319675+00:00","generated_at":"2026-05-13T11:11:01.216500+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Charlotte's Web Q1 2026 revenue down 9% to $11.2M, net loss $13.1M, proposes BAT transaction to eliminate debenture","bullets":["Revenue $11.2M vs $12.3M in Q1 2025; net loss includes $8.9M non-cash fair value charge on BAT convertible debenture.","Proposed transaction with BAT to convert ~$54M debenture and invest $10M, eliminating $3M annual interest; shareholder vote May 28, 2026.","CMS BEI program activated April 1, 2026, allowing hemp-derived CBD coverage up to $500/beneficiary; FDA issued limited enforcement discretion.","Adjusted EBITDA improved to -$1.7M from -$2.8M; SG&A down 17.7% to $9.5M; OTCQX upgrade completed post-quarter.","DeFloria Phase 2 trial for ASD irritability candidate AJA001 expected mid-2026; in-house gummy manufacturing substantially complete."],"urls":{"canonical":"https://secwatch.observer/filing/0001750155-26-000076","json":"https://secwatch.observer/filing/0001750155-26-000076.json","markdown":"https://secwatch.observer/filing/0001750155-26-000076.md","text":"https://secwatch.observer/filing/0001750155-26-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750155/000175015526000076/0001750155-26-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750155/000175015526000076/cweb-20260513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-13T11:11:01.216500+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"77edd7d5591359bb513db093551396b3360f2f6d","claim":"Charlotte's Web Holdings, Inc. reported financial results for the quarter ended March 31, 2026.","evidence_excerpt":"On May 13, 2026, Charlotte’s Web Holdings, Inc. (the “Company”) issued an earnings release announcing its financial results for the three months ended March 31, 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750155/000175015526000076/0001750155-26-000076-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}