Greenlane Q1 net loss $18.4M; BERA holdings reach 77.7M units, per-share up 44%

Greenlane Holdings, Inc.

Net revenue $0.4M, down 70% YoY; staking revenue $0.4M partially offset legacy wholesale decline.
Loss from operations $(5.6)M vs $(3.5)M; includes ~$2.3M non-recurring legal and advisory costs.
Held 77.7M BERA units at March 31, 2026 (cost $68.7M, fair value $34.2M); BERA-per-share rose ~44% to ~123 units.
Regained Nasdaq minimum bid price compliance on April 21, 2026; hearing cancelled.
Effected 1-for-8 reverse stock split on April 6, 2026; lock-ups on pre-funded warrants and BERA holdings expired.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Greenlane Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue approximately $0.4 million, net income $(18.4) million, or $(4.49) per Class A share, EPS $(4.49) per Class A share.

Period: the first quarter ended March 31, 2026
Revenue: approximately $0.4 million
Net income: $(18.4) million, or $(4.49) per Class A share
EPS: $(4.49) per Class A share
Result: reported results

Exact text from the filing

share at March 31, 2026, from approximately 86 units of BERA per Class A share at December 31, 2025, an increase of approximately 44%. The Company also recognized approximately $0.4 million of staking revenue from participation in Berachain’s Proof of Liquidity (“PoL”) consensus mechanism. During the first quarter 2026, Greenlane Subsidiary Inc., a wholly-owned

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Greenlane Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-023792

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