Charlotte's Web Holdings, Inc.
For the period ended Sep 30, 2025. Filed Nov 12, 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.
Sep 30, 2025 · Filed Nov 12, 2025
CWBHFStored price and day change unavailable
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
(in thousands, except share and per share amounts)
| Three Months Ended September 30, (unaudited) | Nine Months Ended September 30, (unaudited) | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $11,503 | $12,587 | $36,571 | $37,000 |
| Cost of goods sold | 7,026 | 5,914 | 19,874 | 20,834 |
| Gross profit | 4,477 | 6,673 | 16,697 | 16,166 |
| Selling, general and administrative expenses | 9,731 | 12,693 | 31,371 | 42,700 |
| Operating loss | (5,254) | (6,020) | (14,674) | (26,534) |
| Change in fair value of financial instruments | (1,200) | 1,422 | (2,869) | 702 |
| Other income (expense), net | 600 | (1,189) | (813) | (584) |
| Loss before provision for income taxes | (5,854) | (5,787) | (18,356) | (26,416) |
| Income tax benefit (expense) | 36 | — | 38 | (62) |
| Net loss | $(5,818) | $(5,787) | $(18,318) | $(26,478) |
| Per common share amounts (Note 10) | ||||
| Net loss per common share, basic and diluted | $(0.04) | $(0.04) | $(0.12) | $(0.17) |
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