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GNLNGreenlane Holdings, Inc.
$2.66$11M
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HomeStocksGNLNBalance Sheet

Greenlane Holdings, Inc. (GNLN) Balance Sheet

10Y historyFree accessUpdated daily

The equity base is severely compromised by a $378.9 million deficit in retained earnings, leaving the firm heavily reliant on a dwindling cash position that fell from $32.5 million to $13.3 million in one quarter.

Income StatementBalance SheetCash FlowRatios

GNLN Balance Sheet

Annual statement

GNLN Balance Sheet

Greenlane Holdings, Inc. (GNLN) balance sheet — 10-year assets, liabilities & shareholders' equity history

AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16
Total Current Assets15.44M36.09M23.77M29.77M76.7M124.74M96.08M115.27M57.11M23.29M10M
Cash & Short-Term Investments14.12M32.51M899K463K6.46M12.86M30.43M47.77M7.34M2.08M1.69M
Cash Only6.07M32.51M899K463K6.46M12.86M30.43M47.77M7.34M2.08M1.69M
Short-Term Investments8.06M0000000000
Accounts Receivable13K2.13M4.26M3.01M13.58M19.5M10.72M8.09M8.22M3.76M1.34M
Days Sales Outstanding231.5178.44117.1816.7936.1642.8728.2915.9616.7615.557.32
Inventory0014.21M20.53M40.64M66.98M47.35M43.36M29.5M14.16M6.64M
Days Inventory Outstanding32.84-741.95157.59132.33184.93149.59102.8275.276.3541.37
Other Current Assets200K165K1M798K8.43M4.19M6.03M4.92M4.13M950.5K330.69K
Total Non-Current Assets16.58M38.84M4.86M8.32M12.98M161.09M26.57M38.23M20.92M6.28M6M
Property, Plant & Equipment0397K2.46M4.41M7.4M29.98M15.3M17.86M11.64M597.49K354.55K
Fixed Asset Turnover6.12x10.97x5.39x14.82x18.51x5.54x9.04x10.36x15.37x147.72x188.10x
Goodwill0000041.86M3.28M11.98M5.45M3.15M3.15M
Intangible Assets16.44M36.55M00084.71M5.95M6.3M3.66M1.56M1.6M
Long-Term Investments38.45M36.55M1.9M0000075K915.92K893.6K
Other Non-Current Assets140K-34.66M496K3.91M5.58M4.54M2.04M2.09M92.08K63.95K0
Total Assets32.03M74.93M28.63M38.09M89.69M285.83M122.65M153.5M78.02M29.57M16M
Asset Turnover0.06x0.06x0.46x1.72x1.53x0.58x1.13x1.21x2.29x2.98x4.17x
Asset Growth %162.18%161.71%-24.84%-57.53%-68.62%133.04%-20.1%96.74%163.84%84.83%-
Total Current Liabilities6.54M7.21M22.27M26.09M35.66M70.97M41.86M26.26M30.43M19.52M6.44M
Accounts Payable6.01M5.41M9.79M12.1M14.95M23.04M18.41M11.31M20.23M15.5M4.6M
Days Payables Outstanding109.5117.49510.8392.9148.6963.6158.1426.8251.5583.5828.66
Short-Term Debt007.67M7.28M3.19M11.62M1.33M178K262.94K7.79K697.69K
Deferred Revenue (Current)684K02.66M2.77M3.98M7.92M03.15M3.07M720.53K108.05K
Other Current Liabilities0154K1.05M1.93M7.51M16.52M19.55M2.78M3.4M1.09M922.7K
Current Ratio2.36x5.01x1.07x1.14x2.15x1.76x2.30x4.39x1.88x1.19x1.55x
Quick Ratio2.36x5.01x0.43x0.35x1.01x0.81x1.16x2.74x0.91x0.47x0.52x
Cash Conversion Cycle154.83-348.381.47119.8164.19119.7491.9740.418.3220.03
Total Non-Current Liabilities0083K1.01M15.04M18.5M11.54M12.68M58.65M656.31K2.11M
Long-Term Debt000013.04M10.61M7.84M8.02M48.38M565.25K2.01M
Capital Lease Obligations1K083K1.01M1.92M6.21M2.73M4.04M236.71K91.06K106.03K
Deferred Tax Liabilities00000000000
Other Non-Current Liabilities0001K79K1.67M964K620K10.03M00
Total Liabilities6.54M7.21M22.35M27.1M50.69M89.46M53.39M38.94M89.08M20.18M8.55M
Total Debt0166K8.68M9.17M19.8M31.7M11.9M13.43M48.88M727.26K2.81M
Net Debt-6.07M-32.35M7.78M8.7M13.34M18.84M-18.53M-34.34M41.53M-1.35M1.12M
Debt / Equity0.00x0.00x1.38x0.83x0.51x0.16x0.17x0.12x-0.08x0.38x
Debt / EBITDA-0.00x--------0.21x4.03x
Net Debt / EBITDA0.11x---------0.39x1.61x
Interest Coverage-3283.86x-216.19x-1.97x-4.93x-73.38x-92.05x-107.72x-28.63x-0.74x10.17x2.07x
Total Equity25.48M67.72M6.28M10.99M38.99M196.36M69.26M114.56M-11.06M9.4M7.45M
Equity Growth %1140.24%978.06%-42.85%-71.81%-80.14%183.53%-39.55%1135.92%-217.7%26.14%-
Book Value per Share6.221129.94486.222839.5853392.43999999.00999999.00999999.00-218365.21185522.19147074.54
Total Shareholders' Equity25.48M67.87M6.43M11.12M38.97M174.53M15.06M22.49M-11.06M9.4M7.45M
Common Stock7K48K21K36K15K43K142K109K-10.77M6.45M6.45M
Retained Earnings-403.7M-360.51M-274.93M-257.29M-225.11M-55.54M-24.85M-9.6M-10.77M3.15M1.25M
Treasury Stock00000000000
Accumulated OCI0265K265K245K55K324K29K-72K-285.99K-208.71K-246.82K
Minority Interest0-149K-149K-132K18K21.84M54.19M92.08M000

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Total business model collapse

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Rapid Erosion of Asset Base

As reported in recent financial filings, Greenlane's total assets have plummeted from $74.9 million in 2025Q4 to $56.2 million by 2026Q1, a contraction that underscores the company's struggle to maintain a viable operational footprint while navigating a period of severe financial distress and organizational downsizing.

The sharp decline in total assets suggests a rapid liquidation of resources, likely driven by the need to fund ongoing operations or settle legacy obligations. This trajectory indicates that the company is shrinking its balance sheet faster than it can stabilize its core business model, raising questions about the long-term viability of its remaining assets.

Liquidity Buffer Masks Operational Burn

Based on the reported figures, Greenlane's cash position fluctuated significantly, dropping from $32.5 million in 2025Q4 to $13.3 million in 2026Q1, which suggests that the company is rapidly consuming its available liquidity to sustain operations amidst a period of extreme revenue contraction and negative gross margins.

While the current ratio of 3.25 appears superficially healthy, it is likely distorted by the rapid depletion of cash and the potential for remaining current assets to be illiquid or impaired. Investors should monitor whether this cash runway is sufficient to cover the company's fixed overhead, given the lack of meaningful revenue generation.

Goodwill Impairment Risks Loom Large

According to the balance sheet data, Greenlane recorded $34.2 million in goodwill as of 2026Q1, a figure that warrants close scrutiny as it represents a significant portion of total assets despite the company's ongoing revenue collapse and persistent inability to generate positive operating cash flow.

The presence of substantial goodwill on the balance sheet suggests that the company may be carrying legacy acquisition costs that no longer reflect the current economic reality of the business. Further impairment charges appear likely if the company cannot demonstrate a path to profitability for its proprietary brand portfolio.

Equity Quality Severely Compromised

As indicated by the financial statements, retained earnings have reached a staggering deficit of $378.9 million, reflecting years of accumulated losses that have fundamentally eroded the company's equity base and left shareholders with a balance sheet that is heavily reliant on external capital injections for survival.

The persistent growth of the retained earnings deficit highlights a long-term failure to create shareholder value through operations. This trend suggests that the equity position is increasingly fragile and may be subject to further dilution or restructuring events if the company continues to burn through its remaining capital reserves.

GNLN — Frequently Asked Questions

Quick answers to the most common questions about buying GNLN stock.

What are the total assets of Greenlane Holdings, Inc. (GNLN)?

As of 2025, Greenlane Holdings, Inc. (GNLN) had total assets of $74.9M including $36.1M in current assets.

How much debt does Greenlane Holdings, Inc. (GNLN) have?

Greenlane Holdings, Inc. (GNLN) carries total debt of $0.2M, offset by $32.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Greenlane Holdings, Inc.?

Greenlane Holdings, Inc. (GNLN) has total shareholders' equity (book value) of $67.9M ($1129.94 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Greenlane Holdings, Inc.'s current ratio and liquidity?

Greenlane Holdings, Inc. (GNLN) reported a current ratio of 5.01x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.