BUSINESS OPERATIONS AND ORGANIZATION (Details Narrative) - USD ($)
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3 Months Ended |
16 Months Ended |
32 Months Ended |
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Sep. 22, 2023 |
Aug. 07, 2023 |
Jun. 29, 2023 |
Jun. 05, 2023 |
Feb. 16, 2023 |
Feb. 09, 2023 |
Oct. 27, 2022 |
Aug. 09, 2022 |
Aug. 04, 2022 |
Jun. 27, 2022 |
Aug. 31, 2021 |
Mar. 31, 2024 |
Mar. 31, 2023 |
Dec. 31, 2022 |
Mar. 31, 2024 |
Dec. 31, 2023 |
Nov. 30, 2023 |
Oct. 31, 2023 |
Aug. 31, 2023 |
Jul. 31, 2023 |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Intraperiod tax allocation, distribution percent |
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85.00%
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Reverse stock split |
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we completed a one-for-10 reverse stock split (the “2023 Reverse Stock Split” and together with the 2022 Reverse
Stock Split, the “Reverse Stock Splits”) of our issued and outstanding shares of Common Stock, as further described in “Note
2 - Summary of Significant Accounting Policies.” As a result of the 2023 Reverse Stock Split, every 10 shares of Common Stock issued
and outstanding were converted into one share of Common Stock.
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we completed a one-for-20 reverse stock split (the “2022 Reverse Stock Split”) of our issued and outstanding
shares of Class A common stock and Class B common stock (collectively, the “Common Stock”), as further described in “Note
2 - Summary of Significant Accounting Policies.” As a result of the 2022 Reverse Stock Split, every 20 shares of Common Stock issued
and outstanding were converted into one share of Common Stock.
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As a result of the 2022 Reverse Stock Split, every 20 shares of Common Stock issued and outstanding
were converted into one share of Common Stock.
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Collateralized financings |
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$ 3,900,000
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$ 3,900,000
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$ 3,900,000
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$ 3,900,000
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Debt instrument, term |
6 months
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Net loss |
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$ 4,491,000
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$ 8,747,000
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Cash provided by operating activities |
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$ (81,000)
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$ 1,883,000
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Secured Debt [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Debt instrument, face amount |
$ 2,200,000
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Deferred payment amount |
2,028,604
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Additional amount available to be deferred |
$ 2,655,778
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Investor [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Amounts of transaction |
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$ 4,900,000
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Loan Agreement [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Debt instrument, face amount |
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$ 15,000,000.0
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Prepayment of loan agreement |
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$ 6,600,000
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Restricted cash |
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$ 5,700,000
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Repayments of debt |
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$ 4,300,000
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June 2022 offering [Member] | Securities Purchase Agreement [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Net proceeds from offerings |
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$ 5,000,000.0
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Proceeds from offering, gross |
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$ 5,400,000
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June 2022 offering [Member] | Securities Purchase Agreement [Member] | Pre-Funded Warrants [Member] | Maximum [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Number of common shares called by warrants (in shares) |
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495,000
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June 2022 offering [Member] | Securities Purchase Agreement [Member] | Warrant [Member] | Maximum [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Number of common shares called by warrants (in shares) |
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1,080,000
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October 2022 Offering [Member] | Securities Purchase Agreement [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Net proceeds from offerings |
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$ 6,800,000
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Proceeds from offering, gross |
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$ 7,500,000
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October 2022 Offering [Member] | Securities Purchase Agreement [Member] | Pre-Funded Warrants [Member] | Maximum [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Number of common shares called by warrants (in shares) |
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137,778
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October 2022 Offering [Member] | Securities Purchase Agreement [Member] | Warrant [Member] | Maximum [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Number of common shares called by warrants (in shares) |
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1,666,667
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July 2023 Offering [Member] | Securities Purchase Agreement [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Net proceeds from offerings |
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$ 3,800,000
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Proceeds from offering, gross |
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$ 4,300,000
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July 2023 Offering [Member] | Securities Purchase Agreement [Member] | Pre-Funded Warrants [Member] | Maximum [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Number of common shares called by warrants (in shares) |
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3,487,143
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July 2023 Offering [Member] | Securities Purchase Agreement [Member] | Warrant [Member] | Maximum [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Number of common shares called by warrants (in shares) |
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8,095,238
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Common Class A [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Common stock, par value |
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$ 0.01
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$ 0.01
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$ 0.01
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Common stock, authorized (in shares) |
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125,000,000
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600,000,000
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600,000,000
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600,000,000
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Common Class A [Member] | ATM Program [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Net proceeds from offerings |
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$ 50,000,000
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Generated gross proceeds |
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$ 12,700,000
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$ 12,684,000
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Sales commissions and fees |
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$ 400,000
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Shares issued in transaction (in shares) |
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97,262,000
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Common Class A [Member] | June 2022 offering [Member] | Securities Purchase Agreement [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Shares issued in transaction (in shares) |
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585,000
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Common Class A [Member] | October 2022 Offering [Member] | Securities Purchase Agreement [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Shares issued in transaction (in shares) |
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695,555
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Common Class A [Member] | July 2023 Offering [Member] | Securities Purchase Agreement [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Shares issued in transaction (in shares) |
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560,476
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Common Class A [Member] | Greenlane [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Ownership percentage by parent after merger |
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100.00%
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Common Class B [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Common stock, par value |
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$ 0.0001
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$ 0.0001
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$ 0.0001
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Common stock, authorized (in shares) |
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10,000,000
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30,000,000
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30,000,000
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30,000,000
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Common Class C [Member] |
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Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |
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Common stock, par value |
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$ 0.0001
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$ 0.0001
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