Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 6,065 $ 32,513
Accounts receivable, net of allowance of $198 and $1,511 at June 30, 2026 and December 31, 2025, respectively 13 1,572
Stablecoin-related protocol instruments 8,057
Other current assets 1,309 2,001
Total current assets 15,444 36,086
Property and equipment, net 253
Operating lease right-of-use assets 144
Digital assets 16,442 36,555
Other assets 140 1,893
Total assets 32,026 74,931
Current liabilities    
Accounts payable 6,014 5,414
Accrued expenses and other current liabilities (Note 6) 529 1,627
Current portion of operating leases 166
Total current liabilities 6,543 7,207
Total liabilities 6,543 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] 429,178 428,111
Accumulated deficit (403,702) (360,509)
Accumulated other comprehensive income 265
Total stockholders’ equity attributable to Greenlane Holdings, Inc. 25,483 67,873
Non-controlling interest (149)
Total stockholders’ equity 25,483 67,724
Total liabilities and stockholders’ equity 32,026 74,931
Common Class A [Member]    
STOCKHOLDERS’ EQUITY    
Common stock, value [1] 7 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.