Greenlane Holdings, Inc. balance sheet
At the end of fiscal 2025, Greenlane Holdings, Inc. had total assets of $74.9m, total liabilities of $7.2m and shareholders' equity of $67.9m.
Balance sheet
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 7 | 48 | 30 | 13 | 6 | 0 | 1 | 33 | 6 |
| Receivables | 8 | 8 | 6 | 15 | 6 | 2 | 4 | 2 | 0 |
| Inventory | 30 | 43 | 36 | 67 | 41 | 21 | 14 | — | — |
| Total current assets | 57 | 115 | 96 | 125 | 77 | 30 | 24 | 36 | 15 |
| Goodwill | 5 | 12 | 3 | 42 | 0 | — | — | — | — |
| Total assets | 78 | 153 | 123 | 286 | 90 | 38 | 29 | 75 | 32 |
| Accounts payable | 20 | 11 | 18 | 23 | 15 | 12 | 10 | 5 | 6 |
| Deferred revenue (current) | 3 | 3 | 3 | 8 | 4 | — | — | — | — |
| Total current liabilities | 30 | 26 | 42 | 71 | 36 | 26 | 22 | 7 | 7 |
| Short-term debt | 0 | 0 | 0 | 12 | 3 | 7 | 8 | — | — |
| Long-term debt | 48 | 8 | 8 | 11 | 13 | 7 | 8 | — | — |
| Total debt | 49 | 8 | 8 | 34 | 21 | 15 | 15 | — | 0 |
| Total liabilities | 79 | 39 | 53 | 89 | 51 | 27 | 22 | 7 | 7 |
| Shareholders' equity | −11 | 22 | 15 | 175 | 39 | 11 | 6 | 68 | 25 |
| Non-controlling interests and other (assets − liabilities − equity) | 10 | 92 | 54 | 22 | — | — | — | — | — |
| Net debt (negative = net cash) | 42 | −39 | −22 | 21 | 15 | 14 | 14 | −33 | −6 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 2 | 4 | 5 | 4 | 4 | 2 | 1 | 0 |
| Inventory | 16 | 14 | 14 | 14 | 6 | — | — | — |
| Total current assets | 27 | 24 | 34 | 28 | 14 | 36 | 20 | 15 |
| Total assets | 34 | 29 | 38 | 32 | 18 | 75 | 56 | 32 |
| Accounts payable | 11 | 10 | 10 | 9 | 4 | 5 | 5 | 6 |
| Total current liabilities | 24 | 22 | 15 | 12 | 7 | 7 | 6 | 7 |
| Short-term debt | 9 | 8 | — | — | — | — | — | — |
| Long-term debt | 9 | 8 | — | — | — | — | — | — |
| Total debt | 17 | 15 | — | — | — | — | — | — |
| Total liabilities | 24 | 22 | 15 | 12 | 7 | 7 | 6 | 7 |
| Shareholders' equity | 9 | 6 | 23 | 20 | 11 | 68 | 50 | 25 |
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