Greenlane Holdings, Inc.
For the period ended Mar 31, 2025. Filed May 15, 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.
Mar 31, 2025 · Filed May 15, 2025
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 Cash Flows
(in thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash Flows from Operating Activities: | ||
| Net loss | $(3,867) | $(4,491) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 106 | 254 |
| Equity-based compensation expense | — | 86 |
| Accretion of debt discount | 284 | — |
| Change in provision for doubtful accounts | (12) | (7) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (625) | (55) |
| Inventories | (99) | 2,210 |
| Vendor deposits | 374 | (195) |
| Other current assets | (107) | 446 |
| Accounts payable | 117 | 807 |
| Accrued expenses and other liabilities | 516 | 864 |
| Customer deposits | (132) | — |
| Net used in provided by operating activities | (3,445) | (81) |
| Cash flows from Investing Activities: | ||
| Purchases of property and equipment, net | (16) | (135) |
| Net cash used in investing activities | (16) | (135) |
| Cash flows from Financing Activities: | ||
| Proceeds from issuance of Class A common stock and warrants | 19,036 | — |
| Repayments of notes payable | (7,958) | — |
| Proceeds from future receivables financing | — | 225 |
| Repayments of loan against future accounts receivable | — | (307) |
| Other | — | (10) |
| Net cash provided by (used in) financing activities | 11,078 | (92) |
| Effects of exchange rate changes on cash | — | 2 |
| Net increase (decrease) in cash | 7,617 | (306) |
| Cash as of beginning of the period | 899 | 463 |
| Cash as of end of the period | $8,516 | $157 |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
(Unaudited)
(in thousands)
| Supplemental disclosures of cash flow information | ||
|---|---|---|
| Cash paid for interest | $107 | $444 |
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