Edible Garden Q2 revenue down 28% to $3.1M; net loss widens; reclassifies preferred stock for Nasdaq compliance

Edible Garden AG Inc

2025-Q2 EPS reported -$9.95 revenue$5,864,000

Revenue $3.1M in Q2 2025, down 28% from $4.3M in Q2 2024; net loss widened to $4.0M from $1.9M.
Strategic exit from low-margin floral and lettuce removed $741K revenue; non-perishable up 15%, international vitamins up 66.5%.
Gross profit fell to $634K from $1.56M; SG&A rose to $4.2M from $2.7M on legal & acquisition costs.
Reclassified Series B Preferred Stock as permanent equity; pro forma equity would be $16.6M, meeting Nasdaq Listing Rule 5550(b)(1).

item 2.02 item 3.03 item 5.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Edible Garden AG Inc: Amended and restated certificate of designation for Series B Preferred Stock to remove Exchange Act reporting requirement and change liquidation rights to support permanent equity classification (effective 2025-08-13).

Change: charter amendment
Effective: 2025-08-13

Exact text from the filing

On August 13, 2025, the Company’s Board of Directors and Streeterville, as the sole holder of Series B Preferred Stock, approved an amended and restated certificate of designation (the “Updated Certificate”) to make certain changes to the certificate of designation to support the Company’s future classification of the Series B Preferred Stock as permanent equity instead of mezzanine equity.

View on SEC.gov

42 governance changes filed in the last 30 days. Browse all governance changes →

Edible Garden AG Inc filing history →

Source: SEC EDGAR

accession 0001477932-25-005814

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.