Greenlane Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 09/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.4M | $13.3M | $65.4M | $137.1M | — |
| Cost of revenue | $16.8M | $7.0M | $47.5M | $112.1M | — |
| Gross profit | -$12.5M | $6.3M | $17.8M | $25.0M | — |
| Operating expenses | $41.8M | $18.1M | $43.9M | $209.1M | — |
| Operating income | -$54.2M | -$11.8M | -$26.1M | -$184.1M | — |
| Interest expense | $394,000 | $5.9M | $5.5M | $2.5M | — |
| Pretax income | -$85.6M | -$17.7M | -$32.3M | -$182.2M | — |
| Income tax expense | $7,000 | — | — | -$13,000 | — |
| Net income | -$85.6M | -$17.6M | -$32.2M | -$169.5M | — |
| Balance Sheet | |||||
| Cash and equivalents | $32.5M | $899,000 | $463,000 | $6.5M | — |
| Current assets | $36.1M | $23.8M | $29.8M | $76.7M | — |
| Total assets | $74.9M | $28.6M | $38.1M | $89.7M | $107.3M |
| Current liabilities | $7.2M | $22.3M | $26.1M | $35.7M | — |
| Total liabilities | $7.2M | $22.3M | $27.1M | $50.7M | — |
| Stockholders' equity | $67.9M | $6.4M | $11.1M | $39.0M | $45.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$16.3M | -$6.8M | -$1.8M | -$26.4M | — |
| Depreciation and amortization | $493,000 | $800,000 | $2.2M | $3.3M | — |
| Stock-based compensation | $4.6M | $100,000 | $284,000 | $2.3M | — |
| Capital expenditure | $98,000 | $244,000 | $1.0M | $2.8M | — |
| Free cash flow | -$16.4M | -$7.0M | -$2.8M | -$29.2M | — |
| Impairments | $650,000 | $153,000 | — | $80.2M | — |
Shares outstanding 631.5K
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.