secwatch.observer — SEC 8-K summary
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Issuer:     Greenlane Holdings, Inc. (GNLN)
CIK:        0001743745
Form:       8-K
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0001641172-25-024525
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenlane Q2 revenue plummets 69% to $0.8M; net loss widens to $3.2M
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- Total revenue $0.8M, down 69% from $2.6M in Q2 2024.
- Net loss $3.2M vs $0.6M loss in prior-year quarter; net loss per share $3.18.
- Operating expenses fell 27% to $3.3M; operating loss improved to $3.3M from $3.5M.
- Restructured sales organization; appointed Mike Hinson as EVP of Sales; reports 880% MoM increase in new customer revenue.
- Cash $5.7M at June 30, 2025, up from $0.9M at Dec 31, 2024, after $20.7M equity issuance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743745/000164117225024525/0001641172-25-024525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743745/000164117225024525/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-024525

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