GrowGeneration Corp.
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed May 8, 2025
GRWG$1.51-3.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(Unaudited, in thousands, except per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net sales | $35,703 | $47,888 |
| Cost of sales (exclusive of depreciation and amortization shown below) | 25,996 | 35,524 |
| Gross profit | 9,707 | 12,364 |
| Operating expenses: | ||
| Store operations and other operational expenses | 8,792 | 10,634 |
| Selling, general, and administrative | 7,112 | 7,908 |
| Estimated credit losses (recoveries) | 92 | (488) |
| Depreciation and amortization | 3,585 | 3,742 |
| Total operating expenses | 19,581 | 21,796 |
| Loss from operations | (9,874) | (9,432) |
| Other income (expense): | ||
| Other income | — | 47 |
| Interest income | 497 | 602 |
| Interest expense | — | (56) |
| Total other income | 497 | 593 |
| Net loss before taxes | (9,377) | (8,839) |
| (Provision) benefit for income taxes | — | 2 |
| Net loss | $(9,377) | $(8,837) |
| Net loss per share, basic | $(0.16) | $(0.14) |
| Net loss per share, diluted | $(0.16) | $(0.14) |
| Weighted average shares outstanding, basic | 59,441 | 61,499 |
| Weighted average shares outstanding, diluted | 59,441 | 61,499 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.