v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash $ 13,215 $ 30,435
Accounts receivable, net of allowance of $982 and $1,084 at September 30, 2021 and December 31, 2020, respectively 15,213 6,330
Inventories, net 61,545 36,064
Vendor deposits 18,962 11,289
Assets held for sale 75 1,073
Other current assets (Note 8) 11,011 10,892
Total current assets 120,021 96,083
Property and equipment, net 19,627 12,201
Intangible assets, net 80,216 5,945
Goodwill 32,862 3,280
Operating lease right-of-use assets 9,668 3,104
Other assets 4,404 2,037
Total assets 266,798 122,650
Current liabilities    
Accounts payable 16,607 18,405
Accrued expenses and other current liabilities (Note 8) 22,902 19,572
Customer deposits 6,517 2,729
Current portion of operating leases 2,977 966
Current portion of finance leases 180 184
Total current liabilities 49,183 41,856
Notes payable, less current portion and debt issuance costs, net 8,698 7,844
Operating leases, less current portion 7,047 2,524
Finance leases, less current portion 191 205
Other liabilities 1,487 964
Total long-term liabilities 17,423 11,537
Total liabilities 66,606 53,393
Commitments and contingencies (Note 7)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value, 10,000 shares authorized, none issued and outstanding 0 0
Additional paid-in capital 222,107 39,742
Accumulated deficit (48,628) (24,848)
Accumulated other comprehensive income 92 29
Total stockholders’ equity attributable to Greenlane Holdings, Inc. 174,371 15,065
Non-controlling interest 25,821 54,192
Total stockholders’ equity 200,192 69,257
Total liabilities and stockholders’ equity 266,798 122,650
Class A Common Stock    
STOCKHOLDERS' EQUITY    
Common stock 798 133
Class B Common Stock    
STOCKHOLDERS' EQUITY    
Common stock 2 1
Class C Common Stock    
STOCKHOLDERS' EQUITY    
Common stock $ 0 $ 8

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