Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net sales $ 1,469 $ 4,926
Cost of sales 748 3,414
Gross profit 721 1,512
Operating expenses:    
Salaries, benefits and payroll taxes 1,267 2,946
General and administrative 2,823 2,292
Depreciation and amortization 106 254
Total operating expenses 4,196 5,492
Loss from operations (3,475) (3,980)
Other income (expense), net:    
Interest expense (391) (522)
Other income (expense), net (1) 11
Total other expense, net (392) (511)
Loss before income taxes (3,867) (4,491)
Provision for (benefit from) income taxes
Net loss (3,867) (4,491)
Less: Net loss attributable to non-controlling interest
Net loss attributable to Greenlane Holdings, Inc. $ (3,867) $ (4,491)
Net loss attributable to Class A common stock per share - basic $ (0.32) $ (12.65)
Net loss attributable to Class A common stock per share - diluted $ (0.32) $ (12.65)
Weighted-average shares of Class A common stock outstanding - basic 12,178,170 354,943,000
Weighted-average shares of Class A common stock outstanding - dilued 12,178,170 354,943,000
Other comprehensive income:    
Foreign currency translation adjustments $ 2
Comprehensive loss (3,867) (4,489)
Less: Comprehensive loss attributable to non-controlling interest
Comprehensive loss attributable to Greenlane Holdings, Inc. $ (3,867) $ (4,489)