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 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.”
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 14, 2026TL;DR. Edible Garden posted 12.8% revenue growth and broad-based product gains in Q2 2026, advanced its Farm-to-Formula strategy with completed Tetra Pak prototype production, while taking on $13.5M in new debt to fund the Prairie Hills RTD facility and reporting only ~$0.7M of unrestricted cash for operations.
- + Revenue grew 12.8% to $3.6M with total sales up 31.2% year-over-year, led by cut herb sales up 42%
- + SG&A declined ~$0.9M (21.5%) to $3.1M, reflecting operating efficiency efforts
- + Net loss improved to ~$3.3M from ~$4.0M and operating cash flow was positive ~$0.9M for a second consecutive quarter
- + Successfully completed RTD prototype production at Tetra Pak's New Product Development Center, advancing Farm-to-Formula commercialization
- + Secured a fresh-cut herb distribution award at a key Target Midwest distribution center and extended a multi-year private-label contract
- − Gross profit was essentially flat at ~$0.6M as cost of goods sold remained elevated
- − Total debt rose ~$14.2M to ~$16.1M, with $13.5M of new financing tied to the Prairie Hills facility
- − Only ~$0.7M of unrestricted cash available for operations versus ~$1.1M at year-end, with ~$10M restricted for the Iowa facility
- − Prairie Hills facility remains pre-commercial, with first bottles not expected until tail-end of 2027
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Condiment sales | 594.7% | Q2 2026 | — |
| Cut herb sales | 42% | Q2 2026 | — |
| International Vitamins sales | 50% | Q2 2026 | — |
| Potted herb sales | 11.3% | Q2 2026 | — |
| Total sales growth | 31.2% | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Farm Products — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
EDBL
this stock
Edible Garden AG Inc
|
$2.42M | — | -7.6% | — | 4.3% |
|
ADM
Archer-Daniels-Midland Co
|
$39.00B | +39.9% | -6.2% | 22.1 | 3.0% |
|
BG
Bunge Global SA
|
$20.98B | +19.8% | +32.4% | 25.2 | 3.4% |
|
TSN
Tyson Foods, Inc.
|
$17.91B | -11.5% | +2.1% | 31.4 | 2.7% |
|
CALM
Cal-Maine Foods Inc
|
$3.22B | -16.2% | -31.7% | — | 10.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- % held
- 8.8%
- Net QoQ
- +11.9K sh
- Top holder
- HRT FINANCIAL LP
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| EDBL | -8.1% | -23.5% | -97.4% | -4.2% | -99.6% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -7.8% | -23.0% | -109.6% | -5.1% | -112.4% |