---
schema_version: "secwatch.filing_event.v1"
accession: "0001876945-24-000046"
form_type: "8-K"
ticker: null
cik: "0001876945"
company_name: "Gold Flora Corp."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:39:46.056497+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Gold Flora Q1 revenue $32.2M (+13% seq.), net loss $13.7M, adj. EBITDA -$1.8M

## Summary
- Revenue $32.2M, up 13% sequentially; gross profit $10.0M (31% margin).
- Adjusted gross profit $17.4M (54% margin); net loss $13.7M.
- Adjusted EBITDA of -$1.8M; operating cash use improved 31.3% to $4.4M.
- Active cultivation canopy 107,000 sq ft; leased additional 53,000 sq ft post-quarter.
- Launched Gramlin brand in March 2024; inventory grew $1.7M ahead of launch.

## SEC filing metadata
- accession: 0001876945-24-000046
- form_type: 8-K
- cik: 0001876945
- company_name: Gold Flora Corp.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1876945/000187694524000046/0001876945-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1876945/000187694524000046/gram-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001876945-24-000046
- JSON: https://secwatch.observer/filing/0001876945-24-000046.json
- Plain text: https://secwatch.observer/filing/0001876945-24-000046.txt

## Key facts
- Earnings Releases
  Gold Flora Corp. reported its quarter ended March 31, 2024 results: revenue $32.2 million, net income $13.7 million.
  - Period: its quarter ended March 31, 2024
  - Revenue: $32.2 million
  - Net income: $13.7 million
  - Result: reported results
  source text: expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Gold Flora Reports First Quarter 2024 Financial Results Grew Revenue 13% Sequentially to $32.2 Million Achieved Adjusted Gross Profit of $17.4 Million, Representing 54% Adjusted Gross Margin Conference Call to be Held May 15, 2024, at 6:00 p.m. ET Costa Mesa, CA – May 15, 2024 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/1876945/000187694524000046/0001876945-24-000046-index.htm

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