Greenlane Holdings, Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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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.
Mar 31, 2026 · Filed May 15, 2026
GNLN$1.14-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Net revenue | $448 | $1,469 |
| Cost of sales | 231 | 748 |
| Gross profit | 217 | 721 |
| Operating expenses: | ||
| Salaries, benefits and payroll taxes | 1,434 | 1,267 |
| Stock based compensation – strategic advisory warrants | 240 | — |
| General and administrative | 3,989 | 2,823 |
| Depreciation and amortization | 126 | 106 |
| Total operating expenses | 5,789 | 4,196 |
| Loss from operations | (5,572) | (3,475) |
| Other income (expense), net: | ||
| Interest income (expense), net | 34 | (391) |
| Change in fair value of digital assets | (12,869) | — |
| Other income (expense), net | 196 | (1) |
| Total other expense, net | (12,639) | (392) |
| Loss before income taxes | (18,211) | (3,867) |
| Provision for income taxes | — | — |
| Net loss | (18,211) | (3,867) |
| Less: Net income attributable to non-controlling interest | 149 | — |
| Net loss attributable to Greenlane Holdings, Inc. | $(18,360) | $(3,867) |
| Net loss attributable to Class A common stock per share - basic and diluted (Note 8)* | $(4.49) | $(2.54) |
| Weighted-average shares of Class A common stock outstanding - basic and diluted (Note 8)* | 4,086,882 | 1,522,272 |
| Other comprehensive income attributable to Greenlane Holdings, Inc.: | ||
| Reclassification adjustment for accumulated foreign currency translation gain included in net loss | (265) | — |
| Other comprehensive income (loss) | (265) | — |
| Comprehensive loss attributable to Greenlane Holdings, Inc. | $(18,625) | $(3,867) |
| * | After giving effect to the Reverse Stock Splits - See Note 8 - Stockholders’ Equity. |
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