v3.24.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 4,926 $ 23,959
Cost of sales 3,414 18,440
Gross profit 1,512 5,519
Operating expenses:    
Salaries, benefits and payroll taxes 2,946 5,370
General and administrative 2,292 7,677
Depreciation and amortization 254 491
Total operating expenses 5,492 13,538
Loss from operations (3,980) (8,019)
Other income (expense), net:    
Interest expense (522) (815)
Other income (expense), net 11 88
Total other expense, net (511) (727)
Loss before income taxes (4,491) (8,746)
Provision for (benefit from) income taxes 1
Net loss (4,491) (8,747)
Less: Net loss attributable to non-controlling interest (54)
Net loss attributable to Greenlane Holdings, Inc. $ (4,491) $ (8,693)
Net loss attributable to Class A common stock per share - basic $ (0.85) $ (5.44)
Net loss attributable to Class A common stock per share - diluted $ (0.85) $ (5.44)
Weighted-average shares of Class A common stock outstanding - basic 5,262 1,599
Weighted-average shares of Class A common stock outstanding - dilued 5,262 1,599
Other comprehensive income:    
Foreign currency translation adjustments $ 2 $ 178
Comprehensive loss (4,489) (8,569)
Less: Comprehensive loss attributable to non-controlling interest
Comprehensive loss attributable to Greenlane Holdings, Inc. $ (4,489) $ (8,569)

Source