secwatch.observer — SEC 8-K summary
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Issuer:     Skillz Inc. (SKLZ)
CIK:        0001801661
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001801661-25-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillz Q4 revenue $20.4M, net loss $26.4M; FY 2024 revenue $95.5M, net loss $48.2M
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- Q4 2024 revenue $20.4M, gross profit $17.1M, net loss $26.4M, adjusted EBITDA -$18.5M.
- Full year 2024 revenue $95.5M, net loss $48.2M, adjusted EBITDA -$63.0M.
- PMAU 110K in Q4; ARPPU $68.1; sequential PMAU improvement each month Nov 2024 through Feb 2025.
- Ended 2024 with $281.9M cash and cash equivalents; total debt $129.7M.
- Announced $75M developer accelerator program to drive platform game innovation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801661/000180166125000005/0001801661-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801661/000180166125000005/sklz-20250313.htm
  HTML page:      https://secwatch.observer/filing/0001801661-25-000005

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