secwatch.observer — SEC 8-K summary
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Issuer:     Skillz Inc. (SKLZ)
CIK:        0001801661
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001801661-24-000139
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillz Q3 2024 revenue $24.6M, net loss $21.1M; targeting positive Adj EBITDA run-rate in 2025
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- Revenue $24.6M; net loss $21.1M; Adjusted EBITDA -$13.9M.
- Paying MAU of 121k, flat sequentially; ARPPU $67.6.
- Total operating expenses ex-cost of revenue $42.2M.
- Cash & restricted cash >$300M as of Sep 30, 2024.
- CEO expects positive Adj EBITDA on run-rate basis in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801661/000180166124000139/0001801661-24-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801661/000180166124000139/sklz-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001801661-24-000139

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