{"schema_version":"secwatch.filing_event.v1","accession":"0001743745-23-000031","form_type":"8-K","ticker":"GNLN","cik":"0001743745","company_name":"Greenlane Holdings, Inc.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.344817+00:00","generated_at":"2026-06-15T01:20:52.021162+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Greenlane Q1 revenue up 9% QoQ but net loss still $10.2M; cash drops to $5.9M","bullets":["Revenue $24.0M, +9.0% vs Q4 2022; gross margin 23.0% vs 26.7% prior quarter.","Net loss attributable to GNLN $10.2M ($0.64/sh) vs $13.3M ($1.02/sh) in Q4 2022.","Adjusted EBITDA loss $6.8M, improved from $7.6M loss in Q4 2022.","Operating expenses down $7.1M or 32% vs Q4 2022, including $4.6M impairment in prior quarter.","Cash & restricted cash $5.9M, down from $12.2M at Dec 31, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001743745-23-000031","json":"https://secwatch.observer/filing/0001743745-23-000031.json","markdown":"https://secwatch.observer/filing/0001743745-23-000031.md","text":"https://secwatch.observer/filing/0001743745-23-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743745/000174374523000031/0001743745-23-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743745/000174374523000031/gnln-20230515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:20:52.021162+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a6a444e64830377dc3721075d6010bb36b786648","claim":"Greenlane Holdings, Inc. reported the first quarter ended March 31, 2023 results: revenue $24.0 million, net income $10.2 million, EPS $0.64 per share.","evidence_excerpt":"Recent Highlights • Revenue for Q1 2023 increased 9.0% to $24.0 million, compared to $22.0 million in Q4 2022. • Operating expenses in Q1 2023 were down $7.1 million or 32% compared with Q4 2022, inclusive of a Q4 2022 intangible assets impairment charge of $4.6 million. • Net loss attributed to Greenlane Holdings, Inc. for Q1 2023 was $10.2 million, compared to $13.3 million in Q4 2022, inclusive of the $4.6 million intangible assets impairment charge. Basic and diluted net loss of $0.64 per share compared to a loss of $1.02 per share for the prior quarter. • Adjusted EBITDA loss for Q1 2023 was $6.8 million compared to a loss of $7.6 million for Q4 2022. • The Company has launched 16 new products: 12 products from Groove, 3 from Eyce, and the MIQRO-C from DaVinci.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1743745/000174374523000031/0001743745-23-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$24.0 million"},{"label":"Net income","value":"$10.2 million"},{"label":"EPS","value":"$0.64 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}