NASDAQ : GNLN
Greenlane Holdings, Inc. — Financial statements
Consumer Staples · Tobacco · United States
Last price 1.63 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.13M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Greenlane Holdings, Inc. (GNLN) reported revenue of 2.21M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.21M | 4.36M | 13.28M | 65.37M | 137.09M | 166.06M |
| Cost of Revenue | 15.57M | 16.82M | 6.99M | 47.55M | 112.10M | 132.21M |
| Gross Profit | -13.36M | -12.46M | 6.28M | 17.83M | 24.98M | 33.85M |
| Selling, General & Admin | 22.13M | 20.59M | 17.14M | 41.67M | 67.44M | 73.49M |
| Operating Expenses | 40.87M | 39.64M | 17.94M | 43.91M | 74.84M | 78.17M |
| Operating Income | -54.23M | -52.10M | -11.66M | -26.08M | -49.86M | -44.32M |
| Interest Expense | -3.00K | -394.00K | -5.94M | -5.45M | -2.45M | -574.00K |
| Other Non Operating Income (Expenses) | -63.45M | -30.93M | -25.00K | 100.00K | 1.18M | 243.00K |
| EBT Excluding Unusual Items | -117.63M | -83.43M | -17.63M | -31.43M | -51.13M | -44.65M |
| Merger & Restructuring Charges | -1.49M | -1.49M | -8.40M | |||
| Impairment of Goodwill | -41.86M | |||||
| Gain (Loss) on Sale of Investments | -1.77M | -629.00K | -1.21M | -171.00K | ||
| Asset Writedown | -650.00K | -650.00K | -153.00K | -87.53M | ||
| Other Unusual Items | 124.00K | -262.00K | -509.00K | -189.00K | ||
| Pretax Income | -121.54M | -85.57M | -17.66M | -32.33M | -182.24M | -53.41M |
| Income Tax Expense | 2.00K | 7.00K | -13.00K | 10.00K | ||
| Earnings From Continuing Operations | -121.54M | -85.58M | -17.66M | -32.33M | -182.23M | -53.42M |
| Minority Interest in Earnings | -149.00K | 17.00K | 150.00K | 12.72M | 22.84M | |
| Net Income | -121.69M | -85.58M | -17.64M | -32.17M | -169.51M | -30.58M |
| Preferred Dividends & Other Adjustments | 388.00K | |||||
| Net Income to Common | -121.69M | -85.58M | -17.64M | -32.56M | -169.51M | -30.58M |
| Shares Outstanding (Basic) | 2.94M | 936.50K | 151.50K | |||
| Shares Outstanding (Diluted) | 2.94M | 936.50K | 151.50K | |||
| EPS (Basic) | -41.35 | -91.38 | -116.44 | |||
| EPS (Diluted) | -41.35 | -91.38 | -116.44 | |||
| Free Cash Flow | -15.49M | -16.36M | -6.99M | -2.80M | -29.21M | -41.73M |
| Free Cash Flow Per Share | -5.26 | -17.47 | -46.16 | |||
| Gross Margin | -286.22% | 47.32% | 27.27% | 18.22% | 20.39% | |
| Operating Margin | -2,457.09% | -1,196.42% | -87.85% | -39.90% | -36.37% | -26.69% |
| Profit Margin | -5,513.86% | -1,965.10% | -132.88% | -49.81% | -123.65% | -18.42% |
| Free Cash Flow Margin | -701.99% | -375.61% | -52.69% | -4.28% | -21.31% | -25.13% |
| EBITDA | -53.79M | -51.61M | -10.86M | -23.84M | -42.45M | -39.63M |
| EBITDA Margin | -81.82% | -36.47% | -30.97% | -23.87% | ||
| D&A For EBITDA | 439.00K | 493.00K | 800.00K | 2.24M | 7.41M | 4.69M |
| EBIT | -54.23M | -52.10M | -11.66M | -26.08M | -49.86M | -44.32M |
| EBIT Margin | -87.85% | -39.90% | -36.37% | -26.69% | ||
| Advertising Expenses | 100.00K | 500.00K | 1.20M | 2.80M | 4.20M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.07M | 32.51M | 899.00K | 463.00K | 6.46M | 12.86M |
| Cash & Short-Term Investments | 6.07M | 32.51M | 899.00K | 463.00K | 6.46M | 12.86M |
| Accounts Receivable | 13.00K | 1.57M | 4.26M | 1.69M | 6.47M | 14.69M |
| Other Receivables | 57.00K | 50.00K | 85.00K | 5.73M | 265.00K | |
| Receivables | 13.00K | 1.63M | 4.31M | 1.78M | 12.20M | 14.96M |
| Inventory | 17.31M | 24.29M | 46.94M | 85.46M | ||
| Prepaid Expenses | 1.11M | 1.28M | 301.00K | 1.21M | 1.29M | 2.73M |
| Restricted Cash | 5.72M | |||||
| Other Current Assets | 8.26M | 665.00K | 954.00K | 2.03M | 4.09M | 8.74M |
| Total Current Assets | 15.44M | 36.09M | 23.77M | 29.77M | 76.70M | 124.74M |
| Property, Plant & Equipment | 397.00K | 2.46M | 4.41M | 7.40M | 29.98M | |
| Long-Term Investments | 140.00K | 1.89M | 1.90M | 1.90M | 1.90M | 4.42M |
| Goodwill | 41.86M | |||||
| Other Intangible Assets | 84.71M | |||||
| Other Long-Term Assets | 16.44M | 36.55M | 496.00K | 2.01M | 3.68M | 122.00K |
| Total Assets | 32.03M | 74.93M | 28.63M | 38.09M | 89.69M | 285.83M |
| Accounts Payable | 6.01M | 5.41M | 9.79M | 12.10M | 14.95M | 23.04M |
| Accrued Expenses | 529.00K | 1.63M | 1.22M | 1.99M | 8.02M | 13.60M |
| Short-Term Debt | 7.67M | 7.28M | ||||
| Current Portion of Long-Term Debt | 3.19M | 11.62M | ||||
| Current Portion of Leases | 166.00K | 926.00K | 873.00K | 1.66M | 3.26M | |
| Current Unearned Revenue | 2.66M | 2.77M | 3.98M | 7.92M | ||
| Other Current Liabilities | 1.07M | 3.87M | 11.53M | |||
| Total Current Liabilities | 6.54M | 7.21M | 22.27M | 26.09M | 35.66M | 70.97M |
| Long-Term Debt | 13.04M | 10.89M | ||||
| Long-Term Leases | 83.00K | 1.01M | 1.92M | 6.21M | ||
| Other Long-Term Liabilities | 1.00K | 79.00K | 1.39M | |||
| Total Liabilities | 6.54M | 7.21M | 22.35M | 27.10M | 50.69M | 89.46M |
| Common Stock | 7.00K | 48.00K | 36.00K | 15.00K | 43.00K | |
| Additional Paid-In Capital | 429.18M | 428.07M | 281.10M | 268.13M | 264.02M | 229.71M |
| Retained Earnings | -403.70M | -360.51M | -274.93M | -257.29M | -225.11M | -55.54M |
| Comprehensive Income & Other | 265.00K | 265.00K | 245.00K | 55.00K | 324.00K | |
| Total Common Equity | 25.48M | 67.87M | 6.43M | 11.12M | 38.97M | 174.53M |
| Minority Interest | -149.00K | -149.00K | -132.00K | 18.00K | 21.84M | |
| Shareholders' Equity | 25.48M | 67.72M | 6.28M | 10.99M | 38.99M | 196.36M |
| Total Liabilities & Equity | 32.03M | 74.93M | 28.63M | 38.09M | 89.69M | 285.83M |
| Total Debt | 166.00K | 8.68M | 9.17M | 19.80M | 31.98M | |
| Net Cash (Debt) | 6.07M | 32.35M | -7.78M | -8.70M | -13.34M | -19.13M |
| Net Cash Per Share | 2.06 | 34.54 | -51.38 | |||
| Filing Date Shares Outstanding | 694.54K | 629.95K | 8.00 | |||
| Total Common Shares Outstanding | 694.54K | 603.70K | 6.00 | |||
| Working Capital | 8.90M | 28.88M | 1.51M | 3.68M | 41.04M | 53.77M |
| Book Value Per Share | 36.69 | 112.43 | 29,088,000.00 | |||
| Tangible Book Value | 25.48M | 67.87M | 6.43M | 11.12M | 38.97M | 47.96M |
| Tangible Book Value Per Share | 36.69 | 112.43 | 7,993,000.00 | |||
| Land | 691.00K | |||||
| Buildings | 8.13M | |||||
| Machinery | 7.88M | 8.60M | 8.57M | 7.49M | 8.48M | |
| Construction In Progress | 20.00K | 411.00K | 679.00K | 4.87M | ||
| Leasehold Improvements | 33.00K | 33.00K | 51.00K | 104.00K | 1.56M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -121.69M | -85.58M | -17.64M | -32.17M | -169.51M | -30.58M |
| Depreciation & Amortization | 439.00K | 493.00K | 800.00K | 2.24M | 7.41M | 4.69M |
| Other Amortization | 284.00K | 4.93M | 2.82M | 644.00K | 23.00K | |
| Loss (Gain) From Sale of Assets | 121.00K | 121.00K | 215.00K | 118.00K | -1.37M | 206.00K |
| Asset Writedown & Restructuring Costs | 650.00K | 650.00K | 153.00K | 129.39M | ||
| Loss (Gain) From Sale of Investments | 1.77M | 629.00K | 806.00K | 171.00K | ||
| Stock-Based Compensation | 24.46M | 23.39M | 86.00K | 284.00K | 2.30M | 5.71M |
| Provision & Write-off of Bad Debts | 2.55M | 1.97M | 245.00K | 188.00K | 3.31M | 236.00K |
| Other Operating Activities | 66.73M | 36.93M | 30.00K | 112.00K | -14.62M | -24.28M |
| Change in Accounts Receivable | 1.23M | 716.00K | -2.81M | 4.59M | 4.91M | -1.39M |
| Change in Inventory | 9.85M | 9.71M | 6.32M | 20.11M | 26.34M | 5.73M |
| Change in Accounts Payable | -2.02M | -5.17M | -2.32M | -2.77M | -6.46M | -1.30M |
| Change in Unearned Revenue | 1.20M | -114.00K | -1.21M | -3.94M | 1.22M | |
| Change in Other Net Operating Assets | -748.00K | 216.00K | 3.37M | 3.27M | -5.64M | 2.24M |
| Operating Cash Flow | -15.46M | -16.26M | -6.75M | -1.79M | -26.43M | -37.33M |
| Capital Expenditures | -30.00K | -98.00K | -244.00K | -1.01M | -2.78M | -4.40M |
| Sale of Property, Plant & Equipment | 9.59M | 675.00K | ||||
| Cash Acquisitions | -15.65M | |||||
| Divestitures | 4.57M | |||||
| Sale (Purchase) of Intangibles | -320.00K | |||||
| Investment in Securities | 1.04M | 649.00K | ||||
| Other Investing Activities | -27.51M | -8.16M | ||||
| Investing Cash Flow | -27.54M | -8.26M | -244.00K | 30.00K | 12.03M | -19.69M |
| Short-Term Debt Issued | 3.17M | 5.98M | 7.87M | |||
| Long-Term Debt Issued | 14.55M | |||||
| Total Debt Issued | 3.17M | 5.98M | 14.55M | 7.87M | ||
| Short-Term Debt Repaid | -7.96M | -3.21M | -1.72M | -8.00M | ||
| Long-Term Debt Repaid | -17.13M | -11.37M | -1.07M | |||
| Total Debt Repaid | -7.96M | -3.21M | -18.85M | -19.36M | -1.07M | |
| Net Debt Issued (Repaid) | -7.96M | -39.00K | -12.87M | -4.82M | 6.79M | |
| Issuance of Common Stock | 43.35M | 64.09M | 7.47M | 3.85M | 21.07M | 32.95M |
| Common Dividends Paid | -200.00K | |||||
| Other Financing Activities | -1.00K | -1.12M | -2.33M | -580.00K | ||
| Financing Cash Flow | 43.35M | 56.13M | 7.43M | -10.14M | 13.93M | 38.96M |
| Foreign Exchange Rate Adjustments | 3.00K | 190.00K | -210.00K | 480.00K | ||
| Net Cash Flow | 341.00K | 31.61M | 436.00K | -11.71M | -681.00K | -17.58M |
| Free Cash Flow | -15.49M | -16.36M | -6.99M | -2.80M | -29.21M | -41.73M |
| Free Cash Flow Margin | -701.99% | -375.61% | -52.69% | -4.28% | -21.31% | -25.13% |
| Free Cash Flow Per Share | -5.26 | -17.47 | -46.16 | |||
| Levered Free Cash Flow | -748.38K | 3.93M | -3.27M | 12.69M | -8.77M | -53.02M |
| Unlevered Free Cash Flow | -746.50K | 3.90M | -4.48M | 13.27M | -7.88M | -52.68M |
| Cash Interest Paid | 107.00K | 916.00K | 4.50M | 2.25M | 574.00K | |
| Cash Income Tax Paid | 76.00K | 39.00K | ||||
| Change in Working Capital | 9.51M | 5.47M | 4.43M | 23.99M | 15.21M | 6.49M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 937.63K | 2.36M | 3.48M | 1.37M | 4.36M | 76.31M |
| Enterprise Value | -5.13M | 718.42K | 10.86M | 4.20M | 18.68M | 109.44M |
| Last Close Price | 1.35 | 12.56 | 9,900.25 | 34,188.94 | 189,756.45 | 12,718,997.00 |
| Forward PE | 102.96 | 102.96 | 102.96 | 102.96 | 102.96 | |
| PS Ratio | 0.42 | 0.54 | 0.26 | 0.02 | 0.03 | 0.46 |
| PB Ratio | 0.04 | 0.04 | 0.56 | 0.12 | 0.11 | 0.39 |
| P/TBV Ratio | 0.04 | 0.04 | 0.54 | 0.12 | 0.11 | 1.59 |
| EV/Sales Ratio | 0.17 | 0.82 | 0.06 | 0.14 | 0.66 | |
| Debt / Equity Ratio | 0.00 | 1.38 | 0.83 | 0.51 | 0.16 | |
| Net Debt / Equity Ratio | -0.24 | -0.48 | 1.24 | 0.79 | 0.34 | 0.10 |
| Net Debt / EBITDA Ratio | 0.11 | 0.63 | -0.72 | -0.36 | -0.31 | -0.48 |
| Net Debt / FCF Ratio | 0.39 | 1.98 | -1.11 | -3.11 | -0.46 | -0.46 |
| Asset Turnover | 0.07 | 0.08 | 0.40 | 1.02 | 0.73 | 0.81 |
| Inventory Turnover | 1.94 | 0.34 | 1.33 | 1.69 | 1.99 | |
| Quick Ratio | 0.93 | 4.74 | 0.23 | 0.09 | 0.52 | 0.39 |
| Current Ratio | 2.36 | 5.01 | 1.07 | 1.14 | 2.15 | 1.76 |
| Return on Equity (ROE) | -535.09% | -231.28% | -204.43% | -129.34% | -154.85% | -40.23% |
| Return on Assets (ROA) | -106.24% | -62.89% | -21.85% | -25.52% | -16.60% | -13.56% |
| Return on Invested Capital (ROIC) | -193.06% | -210.76% | -69.09% | -72.43% | -37.23% | -33.22% |
| Return on Capital Employed (ROCE) | -212.80% | -76.90% | -183.20% | -217.30% | -92.30% | -20.60% |
| Earnings Yield | -3,063.28% | -3,630.23% | -506.19% | -2,352.74% | -3,883.90% | -40.08% |
| FCF Yield | -1,652.35% | -693.89% | -200.69% | -204.75% | -669.28% | -54.68% |
| Buyback Yield / Dilution | -1,505.81% | -518.15% |