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Charlotte's Web Holdings, Inc.

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 31, 2026

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Extracted filing text, with the paragraph anchors used by the comparison.

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Consolidated Statements of Operations

(in thousands, except share and per share amounts)

Year Ended December 31,
20252024
Revenue$49,897$49,667
Cost of goods sold28,19728,407
Gross profit21,70021,260
Selling, general and administrative expenses41,96853,247
Operating loss(20,268)(31,987)
Change in fair value of financial instruments(7,269)615
Other income (expense), net(2,272)1,565
Loss before provision for income taxes$(29,809)$(29,807)
Income tax benefit (expense)68(39)
Net loss$(29,741)$(29,846)
Per common share amounts (Note 12)
Net loss per common share, basic and diluted$(0.19)$(0.19)
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.