Balance Sheet

v3.24.2

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash	$ 157	$ 463
Accounts receivable, net of allowance of $2,202 and $2,209 at March 31, 2024 and December 31, 2023, respectively	1,756	1,693
Inventories, net	18,320	20,529
Vendor deposits	3,960	3,765
Other current assets (Note 8)	2,741	3,319
Total current assets	26,934	29,769
Property and equipment, net	2,358	2,476
Operating lease right-of-use assets	1,727	1,936
Other assets	4,044	3,912
Total assets	35,063	38,093
Current liabilities
Accounts payable	12,909	12,103
Accrued expenses and other current liabilities (Note 8)	3,920	3,056
Customer deposits	2,775	2,775
Current portion of notes payable	7,202	7,283
Current portion of operating leases	886	866
Current portion of finance leases		7
Total current liabilities	27,692	26,090
Operating leases, less current portion	782	1,010
Other liabilities		1
Total long-term liabilities	782	1,011
Total liabilities	28,474	27,101
Commitments and contingencies (Note 7)
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 10,000 shares authorized, none issued and outstanding
Additional paid-in capital	268,212	268,132
Accumulated deficit	(261,780)	(257,289)
Accumulated other comprehensive income	247	245
Total stockholders’ equity attributable to Greenlane Holdings, Inc.	6,721	11,124
Non-controlling interest	(132)	(132)
Total stockholders’ equity	6,589	10,992
Total liabilities and stockholders’ equity	35,063	38,093
Common Class A [Member]
STOCKHOLDERS’ EQUITY
Common stock, value	42	36
Common Class B [Member]
STOCKHOLDERS’ EQUITY
Common stock, value

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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