Quarterly ResultMay 15, 2026, 04:27 PM

Greenlane Q1 Net Loss $(18.4)M; BERA-per-share +44%; Regains Nasdaq Compliance

AI Summary

Greenlane Holdings reported a net loss of $(18.4) million, or $(4.49) per Class A share, for Q1 2026, compared to a net loss of $(3.9) million in Q1 2025. The company's digital asset treasury strategy saw BERA-per-share increase by approximately 44% to 123 units. Net revenue was $0.4 million, primarily from staking, while operating loss widened to $(5.6) million due to elevated non-recurring legal costs and a $(12.9) million non-cash change in fair value of digital assets. Greenlane also regained compliance with Nasdaq's minimum bid price requirement.

Key Highlights

Net loss attributable to Greenlane Holdings was $(18.4) million, or $(4.49) per Class A share.
BERA-per-share increased approximately 44% to 123 units at March 31, 2026.
Total BERA holdings were approximately 77.7 million units with a fair value of $34.2 million.
Net revenue for Q1 2026 was $0.4 million, including $0.4 million from staking revenue.
Loss from operations was $(5.6) million, up from $(3.5) million in Q1 2025.
Recognized a non-cash change in fair value of digital assets of $(12.9) million.
Incurred approximately $2.3 million in elevated, non-recurring legal and advisory costs.
Regained Nasdaq listing compliance on April 21, 2026.

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GNLN

Durable Goods

Greenlane Holdings, Inc.

Price Impact