Edible Garden AG Inc (EDBL) AI Stock Summary

Snapshot

Edible Garden is a tiny micro-cap in severe financial distress. The company reported $12.8 million in revenue for FY 2025, down 7.6% from the prior year, and posted a net loss of $17.3 million. Its gross margin collapsed to -1.6%, meaning the cost of producing its herbs and greens exceeds the revenue they generate. The business burned $12.4 million in free cash flow last year and holds only $1.1 million in cash against $2.7 million in debt. This leaves a cash runway of just 0.4 months at current burn rates. The share count exploded by over 13,000% year-over-year due to massive dilution, and the stock is trading near its 52-week low after a 1-for-10 reverse split. Despite recent insider purchases totaling $540,000 (22.6% of market cap), the financial picture is one of a company running out of time and money.

What's Happening Right Now

• Sun 5th Jul '26 · Reverse Split: Shareholders approved a reverse stock split with a range of 1-for-5 to 1-for-250 shares at the board's discretion to maintain Nasdaq listing compliance amid the depressed share price.
• Fri 12th Jun '26 · Debt Financing: The company raised $12 million in debt financing from Streeterville Capital, though $10 million of that is secured by cash collateral, meaning the firm receives no net liquidity from that portion.
• Fri 29th May '26 · Delisting Risk: Nasdaq issued a formal notice that Edible Garden no longer meets the minimum $1.00 bid price requirement, triggering a delisting determination with no standard compliance period due to prior reverse splits.
• Thu 21st May '26 · Retail Expansion: Edible Garden began shipping fresh-cut herbs to Target under a new distribution program, marking a significant expansion of its retail footprint.
• Fri 15th May '26 · Going Concern: In its Q1 2026 filing, Edible Garden disclosed substantial doubt about its ability to continue as a going concern, citing limited capital resources and a history of operating losses.

Ownership

Institutions hold 0.0% of the company, while insiders hold 8.9%.

Bottom Line

Edible Garden is a high-risk speculative name facing immediate existential threats. The combination of a going-concern warning, negative gross margins, and a cash runway of less than one month creates a classic distress signal. While the company is pursuing a pivot to ready-to-drink beverages and has secured some debt financing, the financials show a business that is losing money on its core products and burning through its remaining cash. The recent insider buying is a notable counter-signal, but it does not erase the fundamental lack of liquidity. A reader should view this as a binary outcome: either the company secures massive new capital or executes a turnaround faster than the cash runs out, or it faces insolvency.