v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of disaggregated revenue

 

 

(in thousands) 

 

 

 

Three Months Ended,

 

 

Six Months Ended,

 

 

 

June 30,

2026

 

 

June 30,

2025

 

 

June 30,

2026

 

 

June 30,

2025

 

Herbs, Produce & Floral

 

$3,353

 

 

$2,886

 

 

$6,463

 

 

$5,433

 

Vitamins and Supplements

 

 

197

 

 

 

260

 

 

 

428

 

 

 

431

 

Total

 

$3,550

 

 

$3,146

 

 

$6,891

 

 

$5,864

 

Schedule of calculation of basic and diluted loss per share of common stock

 

 

(in thousands)

 

 

 

Three Months Ended,

 

 

Six Months Ended,

 

 

 

June 30,

2026

 

 

June 30,

2025

 

 

June 30,

2026

 

 

June 30,

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$(3,259 )

 

$(4,043 )

 

$(6,928 )

 

$(7,367 )

Deemed dividend on warrant

 

 

-

 

 

 

(9,833 )

 

 

-

 

 

 

(9,833 )

Accretion of Series B preferred stock

 

 

(131 )

 

 

-

 

 

 

(409 )

 

 

-

 

Net loss attributable to common stockholders – basic and diluted

 

$(3,390 )

 

$(13,876 )

 

$(7,337 )

 

$(17,200 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic and diluted

 

 

180,420

 

 

 

4,687

 

 

 

99,023

 

 

 

3,841

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders – basic and diluted

 

$(18.79 )

 

$(2,960.37 )

 

$(74.09 )

 

$(4,478.10 )