EDBL · Edible Garden AG Inc · Executive Compensation
Substantial doubt about the company's ability to continue as a going concern.
“The risks and uncertainties surrounding our ability to raise capital and to continue our business with limited capital resources indicates that substantial doubt exists as to our ability to continue as a going concern for twelve months from the issuance of these financial statements.”View the 10-Q filed Aug 14, 2026
4 customers — 66.2% of revenue (the six months ended June 30, 2026)
“During the six months ended June 30, 2026 and 2025, four customers accounted for approximately 66.2% and four customers accounted for 84.7% of our total revenue, respectively.”
4 customers — 77% of receivables (As of June 30, 2026)
“As of June 30, 2026, approximately 77.0% of our gross outstanding trade receivables were attributed to four customers.”
5 customers — 88.2% of receivables (As of December 31, 2025)
“As of December 31, 2025, approximately 88.2% of our gross outstanding trade receivables were attributed to five customers, 42.7% of which was due from one customer.”
One customer — 42.7% of receivables (As of December 31, 2025)
“As of December 31, 2025, approximately 88.2% of our gross outstanding trade receivables were attributed to five customers, 42.7% of which was due from one customer.”
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
| Executive | Role | Total |
|---|---|---|
| James E. Kras | Chief Executive Officer | $2,919,365 |
| Mathew McConnell | Executive Vice President and Director | $279,808 |
| Kostas Dafoulas | Interim Chief Financial Officer | $240,000 |
| Executive | Role | Total |
|---|---|---|
| James E. Kras | Chief Executive Officer | $500,000 |
| Kostas Dafoulas | Interim Chief Financial Officer | $213,100 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Jonathan Gutoski | Chief Financial Officer | Appointed | 2026-08-17 |
| Kostas Dafoulas | Interim Chief Financial Officer | Resigned | 2026-08-17 |
| Mathew McConnell | Executive Vice President | Appointed | 2025-12-30 |
| Michael J. Naidrich | Board | Appointed | 2025-12-30 |
| Ryan Rogers | Director | Appointed | 2024-08-23 |
| Mathew McConnell | Director | Appointed | 2024-08-23 |
| Pamela DonAroma | Director | Appointed | 2024-08-23 |
| James E. Kras | Director | Appointed | 2024-08-23 |