Greenlane Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Supplemental Financial Statement Information (Tables)

3 Months Ended

Mar. 31, 2020

The following table summarizes the composition of accrued expenses and other current liabilities as of the dates indicated:


	March 31, 2020		December 31, 2019
	(in thousands)
Accrued expenses and other current liabilities:
Payroll related including bonus	$	1,662	$	1,314
Contingent consideration	922		1,568
Accrued marketing fees and royalties	681		304
Refund liability	664		622
Accrued purchase price consideration for business acquisition	218		3,029

Current portion of long-term debt	181		178
Other	4,161		3,585
	$	8,489	$	10,600

Changes in our customer deposits liability balance during the three months ended March 31, 2020 were as follows:


(in thousands)	Customer Deposits
Balance as of December 31, 2019	$	3,152
Increases due to deposits received, net of other adjustments	2,792
Revenue recognized	(3,361)
Balance as of March 31, 2020	$	2,583

Changes in accumulated other comprehensive loss during the three months ended March 31, 2020 were as follows:


(in thousands)	Foreign Currency Translation		Unrealized Loss on Derivative Instrument		Total
Balance at December 31, 2019	$	(22)	$	(50)	$	(72)
Other comprehensive loss	(627)		(493)		(1,120)

Less: Other comprehensive loss attributable to non-controlling interest	477		376		853
Balance at March 31, 2020	$	(172)	$	(167)	$	(339)

Changes in accumulated other comprehensive loss during the three months ended March 31, 2019 were as follows:


(in thousands)	Foreign Currency Translation		Unrealized Loss on Derivative Instrument		Total
Balance at December 31, 2018	$	(286)	$	—	$	(286)
Other comprehensive income	28		—		28
Balance at March 31, 2019	$	(258)	$	—	$	(258)