Revenue: As of FY2026 Q1, the actual value is USD 3.341 M.EPS: As of FY2026 Q1, the actual value is USD -5.25.EBIT: As of FY2026 Q1, the actual value is USD -6.528 M.Edible Garden AG Incorporated operates as a single segment, with all financial and operational metrics reported for the company as a whole .<h4>Revenue</h4>Total revenue for the three months ended March 31, 2026, was $3.341 million, an increase of $0.623 million, or 22.9%, from $2.718 million for the three months ended March 31, 2025 . This increase was primarily due to growth in the cut herb portfolio .<h5>Segment Revenue (by product stream)</h5><ul><li>Herbs, Produce &amp; Floral: $3.110 million for the three months ended March 31, 2026, compared to $2.547 million for the three months ended March 31, 2025 .</li><li>Vitamins and Supplements: $0.231 million for the three months ended March 31, 2026, compared to $0.171 million for the three months ended March 31, 2025 .</li></ul><h4>Operational Metrics</h4><ul><li>Cost of Goods Sold, excluding depreciation: $4.390 million for the three months ended March 31, 2026, up from $2.789 million for the three months ended March 31, 2025 . This increase was due to higher sales and a portfolio shift to cut herbs sourced from third-party growers at higher cost .</li><li>Selling, General and Administrative Expenses: $2.905 million for the three months ended March 31, 2026, compared to $2.608 million for the three months ended March 31, 2025 .</li><li>Depreciation and Amortization: $2.724 million for the three months ended March 31, 2026, a significant increase from $0.248 million for the three months ended March 31, 2025 . This $2.5 million increase was mainly due to accelerated depreciation of certain fixed assets as the company pivots to RTD clean nutrition manufacturing .</li><li>Total Operating Expense: $10.019 million for the three months ended March 31, 2026, compared to $5.644 million for the three months ended March 31, 2025 .</li><li>Loss from Operations: - $6.678 million for the three months ended March 31, 2026, an increase from - $2.926 million for the three months ended March 31, 2025 . The increased loss was driven by higher overall expenses, partially offset by increased revenue .</li><li>Interest Expense, Net: - $0.150 million for the three months ended March 31, 2026, a decrease from - $0.440 million for the three months ended March 31, 2025 . This was due to reduced overall outstanding debt balances at lower interest rates .</li><li>Income Tax Benefit: $3.354 million for the three months ended March 31, 2026, compared to $0 million for the three months ended March 31, 2025 . This resulted from the transfer of state tax benefit to a third-party buyer in exchange for cash, leading to a gain primarily from valuation allowance release .</li><li>NET LOSS: - $3.669 million for the three months ended March 31, 2026, compared to - $3.324 million for the three months ended March 31, 2025 .</li><li>Net Loss per Common Share - Basic and Diluted: - $5.25 for the three months ended March 31, 2026, compared to - $24.74 for the three months ended March 31, 2025 .</li></ul><h4>Cash Flow</h4><ul><li>Net Cash Provided By/(Used In) Operating Activities: $0.251 million provided for the three months ended March 31, 2026, a positive shift from - $3.332 million used for the three months ended March 31, 2025 .</li><li>Net Cash Used In Investing Activities: - $0.104 million for the three months ended March 31, 2026, compared to - $0.068 million for the three months ended March 31, 2025 .</li><li>Net Cash Provided By Financing Activities: $0.691 million for the three months ended March 31, 2026, up from $0.279 million for the three months ended March 31, 2025 .</li><li>Cash at End of Period: $1.952 million as of March 31, 2026, compared to $0.409 million as of March 31, 2025 .</li></ul><h4>Other Key Financial Metrics</h4><ul><li>Total Liabilities: $8.646 million as of March 31, 2026, up from $8.099 million as of December 31, 2025 .</li><li>Total Stockholders’ Equity (Deficit): $8.833 million as of March 31, 2026, down from $12.497 million as of December 31, 2025 .</li><li>Total Gross Debt: $2.699 million as of March 31, 2026, up from $1.877 million as of December 31, 2025 .</li></ul><h4>Unique Metrics</h4><ul><li>Number of SKUs: As of March 31, 2026, Edible Garden AG Incorporated offers over 140 stock keeping units (SKUs) across fresh produce and shelf-stable/refrigerated consumer packaged goods .</li><li>Retail Locations: Products are available in over 6,000 retail locations across the United States, the Caribbean, and South America .</li><li>Customer Concentration: For the three months ended March 31, 2026, four customers accounted for approximately 69.4% of total revenue . As of March 31, 2026, approximately 86.4% of gross outstanding trade receivables were attributed to four customers .</li></ul><h4>Future Outlook and Strategy</h4>Edible Garden AG Incorporated is transitioning its Edible Garden Prairie Hills facility into a dedicated ready-to-drink (RTD) and clean nutrition manufacturing hub, aligning with its Farm-to-Formula® strategy to shift towards higher-margin, shelf-stable beverage and nutrition categories . Phase 1 production at this facility is anticipated to begin in 2027, contingent on a definitive supply agreement, completion of engineering and installation, regulatory approvals, and adequate capital . The company expects further significant net losses and has substantial doubt about its ability to continue as a going concern, necessitating additional funding through debt or equity financing .

Edible Garden AG | 10-Q: FY2026 Q1 Revenue: USD 3.341 M