EDBL · Edible Garden AG Inc
Substantial doubt about the company's ability to continue as a going concern.
“The risks and uncertainties surrounding our ability to continue our business with limited capital resources indicate that substantial doubt exists as to our ability to continue as a going concern.”View the 10-Q filed May 15, 2026
4 customers — 69.4% of revenue (the three months ended March 31, 2026)
“During the three months ended March 31, 2026 and 2025, four customers accounted for approximately 69.4% and three customers accounted for 78.7% of our total revenue, respectively.”
3 customers — 78.7% of revenue (the three months ended March 31, 2025)
“During the three months ended March 31, 2026 and 2025, four customers accounted for approximately 69.4% and three customers accounted for 78.7% of our total revenue, respectively.”
4 customers — 86.4% of receivables (As of March 31, 2026)
“As of March 31, 2026, approximately 86.4% 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 | CEO | $2,919,365 |
| Mathew McConnell | Board Member | $279,808 |
| Kostas Dafoulas | CFO | $240,000 |
| Executive | Role | Total |
|---|---|---|
| James E. Kras | CEO | $500,000 |
| Kostas Dafoulas | CFO | $213,100 |