Edible Garden AG Inc
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 14, 2025
EDBL$0.70+0.5%Stored close · as of Nov 6, 2026
Contents
Item 1. Financial Statements (Unaudited)Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024
UNAUDITED CONDESED CONSOLIDATED BALANCE SHEETS
(In thousands, except shares)
| June 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash | $2,821 | $3,530 |
| Accounts receivable, net | 1,211 | 1,968 |
| Inventory, net | 1,367 | 1,544 |
| Prepaid expenses and other current assets | 490 | 335 |
| Total current assets | 5,889 | 7,377 |
| Property, equipment and leasehold improvements, net | 11,006 | 3,145 |
| Operating lease right-of-use assets | 4,480 | 1,202 |
| Finance lease right-of-use assets | 92 | 114 |
| Intangible assets, net | 313 | 43 |
| Other assets | 34 | 34 |
| TOTAL ASSETS | $21,814 | $11,915 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| LIABILITIES: | ||
| Current liabilities: | ||
| Accounts payable and other accrued expenses | $2,375 | $4,018 |
| Current maturities of operating lease liabilities | 219 | 212 |
| Current maturities of finance lease liabilities | 43 | 41 |
| Short-term debt, net of discounts | 1,317 | 1,939 |
| Total current liabilities | 3,954 | 6,210 |
| Long-term liabilities: | ||
| Long-term debt, net of discounts | 334 | 544 |
| Long-term operating lease liabilities | 881 | 992 |
| Long-term finance lease liabilities | 53 | 75 |
| Total long-term liabilities | 1,268 | 1,611 |
| Total liabilities | 5,222 | 7,821 |
| COMMITMENTS AND CONTINGENCIES (Note 10) | ||
| MEZZANINE EQUITY | ||
| Series B redeemable preferred stock | 15,000 | - |
| STOCKHOLDERS’ EQUITY (DEFICIT): | ||
| Common stock ($0.0001 par value, 100,000,000 shares authorized, 2,828,661 and 1,065,402 shares outstanding as of June 30, 2025 and December 31, 2024, respectively (1)) | - | - |
| Preferred stock | - | - |
| Additional paid-in capital | 50,270 | 44,946 |
| Obligation to issue shares | - | 459 |
| Accumulated deficit | (48,678) | (41,311) |
| Total stockholders’ equity (deficit) | 1,592 | 4,094 |
| TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT) | $21,814 | $11,915 |
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