secwatch.observer — SEC 8-K summary
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Issuer:     Greenlane Holdings, Inc. (GNLN)
CIK:        0001743745
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0001743745-23-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenlane reports FY 2022 revenue down 17.4% to $137.1M; net loss widens to $125.9M
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- FY 2022 revenue $137.1M vs $166.1M in 2021; net loss $125.9M vs $53.4M.
- Adjusted EBITDA loss of $31.8M, worsening from $22.3M loss in 2021.
- Q4 2022 revenue $22.0M; cash $12.2M; working capital $41.0M.
- Guides Q1 2023 revenue $23-24M (+5-10% QoQ); expects positive Adj EBITDA by Q4 2023.
- Consumer goods sales fell 56% to $48.1M; industrial goods rose 59% to $89.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743745/000174374523000022/0001743745-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743745/000174374523000022/gnln-20230403.htm
  HTML page:      https://secwatch.observer/filing/0001743745-23-000022

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