Greenlane Holdings, Inc. (GNLN)

From the record

Greenlane Holdings, Inc.'s filings since 2018 show 26 warning events of 5 kinds: a bankruptcy or receivership notice (8-K item 1.03, 2 times, the latest 2026-10-15); a notice about its exchange listing (8-K item 3.01, 15 times, the latest 2026-04-27); a warning not to rely on past financial statements (8-K item 4.02, the latest 2023-11-15); an auditor change (8-K item 4.01, 5 times, the latest 2024-11-27); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2024-05-16) (its current reports).

From the record

Greenlane Holdings, Inc.'s 8 filed years say what it did: revenue went from $179 million in fiscal 2018 to $4 million in fiscal 2025, down 41.2% a year; it rose in 2 of 7 years; the deepest fall was 98% from fiscal 2019 to fiscal 2025; net income was positive in 0 of 8 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Greenlane Holdings, Inc. lost about 126 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 17 cents per dollar of everything the company owns. Leverage: it owed about 10 cents per dollar of assets, and net share issuance: its share count grew 518.1% over the year (the filed statements).

From the record

Greenlane Holdings, Inc.'s standing among 51 graded names in its industry family: revenue of $4 million in fiscal 2025 ranks in the bottom 7% by size; a net margin of -1965.1% ranks in the bottom 3%; revenue growth of -68.3% a year over the last 3 filed years ranks in the bottom 5% (its annual reports).

From the record

Greenlane Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hitchcock, Jason (Chief Executive Officer, as filed), filing under that title since 2026-03-06, 8 months (bottom 10% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 1 years (bottom 4%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 7%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Greenlane Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $33 million against no long-term debt tagged leaves 43.4% of its assets as net cash, top 3% of its family; cash from operations less capital spending is -375.6% of revenue (bottom 1%); a gross margin of -286.2% (bottom 1%) (its annual report).

From the record

Greenlane Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -68.3% a year over the last three filed years against -41.2% over all 8, slowing (bottom 7% of its family); the newest year grew -67.2% (bottom 5%); capital spending grew -67.2% a year (bottom 8%) (its annual reports). Greenlane Holdings, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Greenlane Holdings, Inc.'s newest year against its own record: revenue of $4 million in fiscal 2025 came in 5.3% above the $4 million its prior three years' pace pointed to (bottom 49% of its family); net income of $86 million against a prior three-year average of $73 million (bottom 49%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 3%) (its annual reports).