---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-023792"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2026-05-15T20:15:48+00:00"
generated_at: "2026-05-15T20:23:47.590804+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-023792
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2026-05-15T20:15:48+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000149315226023792/0001493152-26-023792-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000149315226023792/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-023792
- JSON: https://secwatch.observer/filing/0001493152-26-023792.json
- Plain text: https://secwatch.observer/filing/0001493152-26-023792.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000149315226023792/0001493152-26-023792-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.