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

Supplemental Financial Statement Information (Tables)

9 Months Ended

Sep. 30, 2020

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


(in thousands)	September 30, 2020		December 31, 2019
Accrued expenses and other current liabilities:
Payroll related including bonus	$	2,244	$	1,314
Contingent consideration	—		1,568
VAT payable	7,591		—
Accrued marketing fees and royalties	677		304
Refund liability	721		622
Liabilities held for sale	392		—
Accrued purchase price consideration for business acquisition	—		3,029
Current portion of long-term debt	180		178
Other	4,151		3,585
	$	15,956	$	10,600

Changes in our customer deposits liability balance during the nine months ended September 30, 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	7,353
Revenue recognized	(7,912)
Balance as of September 30, 2020	$	2,593

The components of accumulated other comprehensive loss for the periods presented were as follows:


(in thousands)	Foreign Currency Translation		Unrealized Loss on Derivative Instrument		Total
Balance at December 31, 2019	$	(22)	$	(50)	$	(72)
Other comprehensive income (loss)	130		(525)		(395)

Less: Other comprehensive (income) loss attributable to non-controlling interest	(87)		400		313
Balance at September 30, 2020	$	21	$	(175)	$	(154)


(in thousands)	Foreign Currency Translation		Unrealized Loss on Derivative Instrument		Total
Balance at December 31, 2018	$	(286)	$	—	$	(286)
Other comprehensive income (loss)	38		(310)		(272)
Effects of the reorganization transactions	203		—		203
Less: Other comprehensive (income) loss attributable to non-controlling interest	(14)		236		(24)
Balance at September 30, 2019	$	(59)	$	(74)	$	(133)