cbdMD, Inc. reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported sales was USD 6.24 million compared to USD 9.86 million a year ago. Revenue was USD 6.09 million compared to USD 9.32 million a year ago.

Net loss was USD 3.96 million compared to USD 19.16 million a year ago. Basic loss per share from continuing operations was USD 3.6 compared to USD 15.75 a year ago. Diluted loss per share from continuing operations was USD 3.6 compared to USD 15.75 a year ago.