Greenlane Holdings, Inc.
For the period ended Jun 30, 2026. Filed Aug 14, 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.
Jun 30, 2026 · Filed Aug 14, 2026
GNLN$1.16+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $6,065 | $32,513 |
| Accounts receivable, net of allowance of $198 and $1,511 at June 30, 2026 and December 31, 2025, respectively | 13 | 1,572 |
| Stablecoin-related protocol instruments | 8,057 | — |
| Other current assets | 1,309 | 2,001 |
| Total current assets | 15,444 | 36,086 |
| Property and equipment, net | — | 253 |
| Operating lease right-of-use assets | — | 144 |
| Digital assets | 16,442 | 36,555 |
| Other assets | 140 | 1,893 |
| Total assets | $32,026 | $74,931 |
| LIABILITIES | ||
| Current liabilities | ||
| Accounts payable | $6,014 | $5,414 |
| Accrued expenses and other current liabilities (Note 6) | 529 | 1,627 |
| Current portion of operating leases | — | 166 |
| Total current liabilities | 6,543 | 7,207 |
| Total liabilities | 6,543 | 7,207 |
| Commitments and contingencies (Note 5) | - | |
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding | — | — |
| Class A common stock, $0.01 par value per share, 1,800,000,000 shares authorized, 694,544 and 603,696 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively* | 7 | 6 |
| Class B common stock, $0.0001 par value per share, 30,000,000 shares authorized, and 0 shares issued and outstanding as of June 30, 2026 and December 31, 2025* | — | — |
| Additional paid-in capital* | 429,178 | 428,111 |
| Accumulated deficit | (403,702) | (360,509) |
| Accumulated other comprehensive income | — | 265 |
| Total stockholders’ equity attributable to Greenlane Holdings, Inc. | 25,483 | 67,873 |
| Non-controlling interest | — | (149) |
| Total stockholders’ equity | 25,483 | 67,724 |
| Total liabilities and stockholders’ equity | $32,026 | $74,931 |
| * | After giving effect to the Reverse Stock Splits - See Note 8 - Stockholders’ Equity. |
|---|
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