secwatch.observer — SEC 8-K summary
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Issuer:     Skillz Inc. (SKLZ)
CIK:        0001801661
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001801661-24-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillz Q1 2024: Revenue $25.2M, Net Loss $26.7M, PMAU 121K, ARPPU $69.8
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- Revenue $25.2M, gross profit $21.8M; total operating expenses ex-cost of revenue $48.6M.
- Net loss $26.7M; Adjusted EBITDA $(17.7)M.
- Paying MAU 121K, ARPPU $69.8.
- Cash and restricted cash >$300M at quarter end.
- CEO: short-term onboarding setbacks; targeting positive Adjusted EBITDA run-rate by late 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801661/000180166124000045/0001801661-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801661/000180166124000045/sklz-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001801661-24-000045

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