Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 8,516 $ 899
Accounts receivable, net of allowance of $2,076 and $2,616 at March 31, 2025 and December 31, 2024, respectively 4,899 4,262
Escrow receivable 1,707
Inventories, net 14,314 14,215
Vendor deposits 2,717 3,091
Other current assets 1,414 1,305
Total current assets 33,567 23,772
Property and equipment, net 1,330 1,420
Operating lease right-of-use assets 815 1,043
Other assets 2,392 2,396
Total assets 38,104 28,631
Current liabilities    
Accounts payable 9,905 9,787
Accrued expenses and other current liabilities 1,732 1,218
Customer deposits 2,529 2,661
Current portion of notes payable 7,674
Current portion of operating leases 780 926
Total current liabilities 14,946 22,266
Operating leases, less current portion 83
Total long-term liabilities 83
Total liabilities 14,946 22,349
Commitments and contingencies (Note 7)  
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding
Additional paid-in capital 301,755 281,074
Accumulated deficit (278,796) (274,929)
Accumulated other comprehensive income 265 265
Total stockholders’ equity attributable to Greenlane Holdings, Inc. 23,307 6,431
Non-controlling interest (149) (149)
Total stockholders’ equity 23,158 6,282
Total liabilities and stockholders’ equity 38,104 28,631
Common Class A [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value 83 21
Common Class B [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value