Going concern and liquidity shortfall
Management states existing cash may not fund operations for twelve months without new capital.
- Scope
- Operating losses and cash burn
- Materiality
- high
Edible Garden AG Inc grows and sells fresh herbs and vegetables, while also expanding into branded consumer products such as sauces, fermented products, flavor enhancers, and nutritional supplements. The company positions itself around sustainable indoor/controlled-environment production, traceability, and co-manufactured consumer brands sold through supermarket partners and distributors.
−108,4 %
−1,6 %
−135,3 %
−7,6 %
0.82
0.55
| % | |
|---|---|
| Fresh herbs | 70% Packaged herb products sold through retail and distribution channels. |
| Vegetables and legacy produce | 10% Vegetable offerings, including categories the company has been exiting. |
| Vitamin and supplement products | 10% Non-perishable nutritional products sold under the company portfolio. |
| Consumer brands and co-manufactured products | 10% Branded food products such as sauces, fermented products, and flavor enhancers. |
The company sells primarily to supermarket partners, distributors, and other retail channel buyers that need consistent...
Buy fresh herbs and vegetables for resale, valuing consistent quality, food safety, and reliable delivery.
Purchase products for onward distribution and value the company's brand, traceability, and logistics efficiency.
Buy branded consumer products such as sauces, fermented products, flavor enhancers, and supplements.
Buy vitamin and supplement products for wellness and convenience.
The company is based in the United States and the disclosed operating footprint in the excerpts centers on Iowa, where...
Edible Garden is shifting away from legacy floral and lettuce categories and focusing on its core herb portfolio and...
Exiting lower-priority legacy categories should improve focus on higher-value core products.
A stronger consumer brand can broaden the product set beyond fresh produce.
Better inventory and truck-load management can reduce waste and distribution cost.
The company faces substantial going-concern and financing risk because it has a history of losses, negative operating...
Management states existing cash may not fund operations for twelve months without new capital.
Loss of listing would reduce liquidity, investor access, and capital-raising flexibility.
The company has relied on equity, debt, and related-party funding to support operations.
Perishable products require tight quality control, temperature management, and timely delivery.
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: 28/04/2026