secwatch.observer — SEC 8-K summary
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Issuer:     Skillz Inc. (SKLZ)
CIK:        0001801661
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001801661-22-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillz Q3 revenue $60.3M (-41% YoY); net loss $78.5M, guides FY22 rev $275M
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- Revenue $60.3M (-41% YoY, -18% QoQ); net loss $78.5M vs $22.1M loss year ago.
- Adjusted EBITDA -$15.4M, improved 63% YoY, as company drives toward profitability.
- Recorded $47.6M non-cash impairment of intangible assets from Aarki acquisition.
- Casey Chafkin transitions from CRO to Chief Strategy Officer; base salary $425k.
- FY22 revenue guidance maintained at $275M; adjusted EBITDA margin (56)%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801661/000180166122000008/0001801661-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801661/000180166122000008/sklz-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001801661-22-000008

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