Greenlane holdings, inc. (GNLN)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18
Net sales

37,236

44,886

52,986

49,897

51,555

43,561

40,561

43,257

Cost of sales

30,722

38,448

43,835

40,910

42,151

34,695

32,149

34,204

Gross profit

6,514

6,438

9,151

8,986

9,403

8,866

8,412

9,053

Operating expenses:
Salaries, benefits and payroll taxes

8,042

6,562

7,029

8,082

8,735

3,882

3,610

2,947

General and administrative

8,044

4,751

5,413

5,384

5,681

4,247

4,086

3,534

Depreciation, Depletion and Amortization, Nonproduction

725

650

645

684

478

402

369

242

Total operating expenses

16,813

11,963

13,087

14,150

14,896

8,531

8,065

6,723

Loss from operations

-10,299

-5,525

-3,936

-5,163

-5,492

335

347

2,329

Other (expense) income, net:
Change in fair value of convertible notes

0

0

-0

-12,062

-

0

-

-

Other income, net

-

-

748

175

-

-

67

93

Interest expense

114

119

140

601

2,896

136

117

42

Other income, net

13,208

7,746

608

-12,489

243

-141

-50

51

Total other expense, net

-

7,627

-

-

-

-277

-

-

Loss before income taxes

-10,010

2,102

-3,328

-17,652

-8,304

58

297

2,380

Provision for income taxes

31

11,000

-108

11

-22

193

67

81

Net loss

-

-8,961

-

-

-

-135

-

-

Less: Net loss attributable to non-controlling interest

-

-2,563

-1,453

-

-

0

-

-

Net loss attributable to Greenlane Holdings, Inc./ Greenlane Holdings, LLC.

-1,533

-6,398

-3,220

-17,664

-8,281

-135

230

2,298

Net (loss) income attributable to Greenlane Holdings, Inc.

-

-

1,767

-

-

-

-230

-

Net loss attributable to Class A common stock per share - basic and diluted (in dollars per share)

-

-0.64

-0.03

-

-

-

-

-

Weighted-average shares of Class A common stock outstanding - basic and diluted (in shares)

-

9,998

9

-

-

-

-

-

Other comprehensive income (loss):
Foreign currency translation adjustments

-

-13

23

-

-

13

-13

-

Unrealized loss on derivative instrument

-

-310

-

-

-

0

-

-

Comprehensive loss

-

-9,284

-3,197

-

-

-122

217

-

Less: Comprehensive loss attributable to non-controlling interest

-

2,809

-1,429

-

-

0

-

-

Comprehensive loss attributable to Greenlane Holdings, Inc./Greenlane Holdings, LLC

-

-6,475

-1,768

-

-

-122

217

-