Glass House Brands Inc. (GLASF) Form 6-K — May 13, 2026
Glass House Brands Inc. reported a net revenue of $40.5 million for the three months ended March 31, 2026, a decrease of $4.3 million or 10% from the same period in 2025. This decline was primarily due to lower average selling prices of biomass and a decrease in biomass revenue by $4.3 million or 15%. The company's gross profit for the three months ended March 31, 2026 was $10.0 million, representing a gross margin of 25%, compared to a gross profit of $20.1 million or 45% in the same period in 2025.
Key figures
- Eps Beat
- 0
- Revenue
- 40515
- Total Debt
- 68835
- Debt Amount
- 50000
- Total Assets
- 325353
- Cash Position
- 27927
- Deal Value Usd
- 0
- Interest Rate
- 8.58
- Maturity Date
- 2030-02-28
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 87122436
- Impairment Expense
- 0
- Warrant Redemption Price
- 0.011826
AI analysis
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