Greenlane Holdings, Inc.
GNLNNasdaqIndustrials · Wholesale-Durable Goods, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $4.4M | $13.3M | $65.4M | $137.1M | $166.1M | $138.3M |
| Operating income | −$54.2M | −$11.8M | −$26.1M | −$127.7M | −$52.7M | −$49.0M |
| Net income | −$85.6M | −$17.6M | −$32.2M | −$115.8M | −$30.6M | −$14.5M |
| Total assets | $74.9M | $28.6M | $38.1M | $146.1M | $285.8M | $122.7M |
| Total liabilities | $7.2M | $22.3M | $27.1M | $50.7M | $89.5M | $53.4M |
| Equity | $67.9M | $6.4M | $11.1M | $95.4M | $174.5M | $15.1M |
| EPS (diluted) | $-11.42 | $-14.56 | $-8.16 | $-15.37 | $-15.85 | $-1.22 |
| Shares out. | 8.3M | 5.8M | 15.9M | 7.5M | 1.9M | 11.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −1245.6%
- Net margin
- −1965.1%
- Return on equity
- −126.1%
- Return on assets
- −114.2%
- Return on capital (ROCE)
- −80.1%
- Liabilities / assets
- 9.6%
- Debt / equity
- 0.11×
- Book value / share
- $8.14
- Revenue growth (YoY)
- −67.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -8.13distress
- Accruals / assets
- −92.5%clean
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 16, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Q/Amissed a reporting deadline ↗Nov 15, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Altium Capital Management LlcPassive (13G)Aug 14, 2025
- Ayrton Capital LlcPassive (13G)Aug 13, 2025
- Empery Asset Management, LpPassive (13G)Jul 24, 2025
- L1 Capital Global Opportunities Master Fund, Ltd.Passive (13G)May 15, 2025
- S.H.N. Financial Investments Ltd.Passive (13G)May 15, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Persofsky RenahDirector | Oct 20, 2025 | Grant | 15,000 | $0.00 |
| Howe Michael CDirector | Oct 20, 2025 | Grant | 5,000 | $0.00 |
| Hunter Donald HDirector | Oct 20, 2025 | Grant | 15,000 | $0.00 |
| Sher BarbaraOfficer — Chief Executive Officer | Oct 20, 2025 | Grant | 40,000 | $0.00 |
| Sher BarbaraOfficer — Chief Executive Officer | Aug 9, 2024 | Grant | 100 | $2.38 |
| Sher BarbaraOfficer — Chief Executive Officer | Aug 8, 2024 | Grant | 200 | $2.73 |
| Sher BarbaraOfficer — Chief Executive Officer | Aug 7, 2024 | Grant | 17 | $3.89 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 14,939 | 1.0 | -77.1% |
| Apr 30, 2026 | 65,130 | 1.0 | +80.9% |
| Apr 15, 2026 | 36,012 | 1.0 | -21.4% |
| Mar 31, 2026 | 45,837 | 1.0 | -74.5% |
| Mar 13, 2026 | 179,453 | 2.7 | +15.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 15, 2026
- Delisting / listing-standard notice · Regulation FD disclosure · Other material eventApr 27, 2026
- Regulation FD disclosure · Other material eventApr 9, 2026
- Modified shareholder rights · Amended charter or bylawsApr 6, 2026
- Regulation FD disclosureApr 1, 2026
- Regulation FD disclosureMar 31, 2026
- Delisting / listing-standard noticeMar 30, 2026
- Shareholder voteMar 25, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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