---
schema_version: "secwatch.filing_event.v1"
accession: "0001801661-24-000033"
form_type: "8-K"
ticker: "SKLZ"
cik: "0001801661"
company_name: "Skillz Inc."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T21:27:47.295655+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Skillz Q4 2023 net loss $20.8M on $29.1M revenue; guides to positive Adj. EBITDA by Q4 2024

## Summary
- Full-year 2023 revenue $150.1M, net loss $106.7M, Adjusted EBITDA –$70.1M.
- Q4 paying MAU 137,000; ARPPU $70.3; total operating expenses $48.3M.
- Cash and securities $302.0M, total debt $123.9M as of Dec 31, 2023.
- CEO cites improving user economics; payback period on customer acquisition cost shortened going into 2024.
- Company targets achieving positive Adjusted EBITDA on a run-rate basis by Q4 2024.

## SEC filing metadata
- accession: 0001801661-24-000033
- form_type: 8-K
- ticker: SKLZ
- cik: 0001801661
- company_name: Skillz Inc.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801661/000180166124000033/0001801661-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801661/000180166124000033/sklz-20240314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801661-24-000033
- JSON: https://secwatch.observer/filing/0001801661-24-000033.json
- Plain text: https://secwatch.observer/filing/0001801661-24-000033.txt

## Key facts
- Earnings Releases
  Skillz Inc. updated its the fourth quarter and year ended December 31, 2023 guidance (reaffirmed).
  - Period: the fourth quarter and year ended December 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: Skillz Inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801661/000180166124000033/0001801661-24-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.