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

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Sales of Our Class A Common Stock

The table below summarizes sales of our Class A common stock under the ATM program:


($ in thousands)	August 2021 (Inception) through March 31, 2023
Class A shares sold*	972,624
Gross proceeds	$	12,684
Net proceeds	$	12,303
Fees paid to sales agent	$	381

*After giving effect to the one-for-20 Reverse Stock Split effective August 9, 2022.

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share of our Class A common stock is as follows (in thousands, except per share amounts):


	Three months ended March 31,
(in thousands, except per share data)	2023		2022
	(As restated)
Numerator:
Net loss	$	(8,747)	$	(18,749)
Less: Net loss attributable to non-controlling interests	(54)		(3,417)
Net loss attributable to Class A common stockholders	$	(8,693)	$	(15,332)
Denominator:
Weighted average shares of Class A common stock outstanding*	15,986		4,509
Net loss per share of Class A common stock - basic and diluted*	$	(0.55)	$	(3.40)

*After giving effect to the one-for-20 2022 Reverse Stock Split effective August 9, 2022.