Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 1,810 $ 899
Accounts receivable, net of allowance of $3,383 and $2,616 at September 30, 2025 and December 31, 2024, respectively 4,138 4,262
Inventories, net 6,250 14,215
Vendor deposits 64 3,091
Other current assets 2,080 1,305
Total current assets 14,342 23,772
Property and equipment, net 1,101 1,420
Operating lease right-of-use assets 300 1,043
Other assets 1,895 2,396
Total assets 17,638 28,631
Current liabilities    
Accounts payable 4,066 9,787
Accrued expenses and other current liabilities 1,555 1,218
Customer deposits 684 2,661
Current portion of notes payable 7,674
Current portion of operating leases 319 926
Total current liabilities 6,624 22,266
Operating leases, less current portion 1 83
Total liabilities 6,625 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 [1] 301,841 281,095
Accumulated deficit (290,944) (274,929)
Accumulated other comprehensive income 265 265
Total stockholders’ equity attributable to Greenlane Holdings, Inc. 11,162 6,431
Non-controlling interest (149) (149)
Total stockholders’ equity 11,013 6,282
Total liabilities and stockholders’ equity 17,638 28,631
Common Class A [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value [1]
Common Class B [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value [1]
[1] After giving effect to the Reverse Stock Splits - See Note 9 - Stockholders’ Equity.