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

Supplemental Financial Statement Information (Tables)

6 Months Ended

Jun. 30, 2023

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


(in thousands)	June 30, 2023		December 31, 2022
VAT payable (including amounts related to VAT matter described in Note 2)	$	3,258	$	2,809
Contingent consideration	2,541		2,738
Accrued employee compensation	2,665		3,812
Amended Eyce APA	656		430
Accrued professional fees	750		818
Refund liability (including accounts receivable credit balances)	137		329
Accrued construction in progress (ERP)	—		170
Sales tax payable	657		578
Other	1,054		198
	$	11,718	$	11,882

Changes in our customer deposits liability balance during the six months ended June 30, 2023 were as follows:


(in thousands)	Customer Deposits
Balance as of December 31, 2022	$	3,983
Increases due to deposits received, net of other adjustments	2,787
Revenue recognized	(3,832)
Balance as of June 30, 2023	$	2,938

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


(in thousands)	Foreign Currency Translation		Unrealized Gain or (Loss) on Derivative Instrument		Total
Balance at December 31, 2022	$	55	$	—	$	55
Other comprehensive income (loss)	205		—		205
Less: Other comprehensive (income) loss attributable to non-controlling interest	—		—		—
Balance at June 30, 2023	$	260	$	—	$	260


(in thousands)	Foreign Currency Translation		Unrealized Gain or (Loss) on Derivative Instrument		Total
Balance at December 31, 2021	$	282	$	42	$	324
Other comprehensive income (loss)	26		358		384
Less: Reclassification adjustment for (gain) loss included in net loss (Note 4)	—		(332)		(332)
Less: Other comprehensive (income) loss attributable to non-controlling interest	(17)		(68)		(85)
Balance at June 30, 2022	$	291	$	—	$	291