Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 13,320 $ 32,513
Accounts receivable, net of allowance of $89 and $1,511 at March 31, 2026 and December 31, 2025, respectively 883 1,572
Digital asset loan receivable 235
Stablecoin-related protocol instruments 3,999
Other current assets (Note 6) 1,533 2,001
Total current assets 19,970 36,086
Property and equipment, net 122 253
Operating lease right-of-use assets 144
Digital assets – BERA & BERA-equivalents 34,232 36,555
Other assets 1,892 1,893
Total assets 56,216 74,931
Current liabilities    
Accounts payable 5,347 5,414
Accrued expenses and other current liabilities (Note 6) 789 1,627
Current portion of operating leases 166
Total current liabilities 6,136 7,207
Total liabilities 6,136 7,207
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding
Additional paid-in capital [1] 428,943 428,111
Accumulated deficit (378,869) (360,509)
Accumulated other comprehensive income 265
Total stockholders’ equity attributable to Greenlane Holdings, Inc. 50,080 67,873
Non-controlling interest (149)
Total stockholders’ equity 50,080 67,724
Total liabilities and stockholders’ equity 56,216 74,931
Common Class A [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value [1] 6 6
Common Class B [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value [1]
[1] After giving effect to the Reverse Stock Splits - See Note 8 - Stockholders’ Equity.