Every 10-Q that CHARLOTTES WEB HLDGS INC (CWBHF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CWBHF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CWBHF filings page.
Charlotte’s Web Holdings, Inc. reported lower revenue but a much stronger balance sheet for the quarter ended June 30, 2026. Revenue was $10.9 million, down 15.2% year over year, with product revenue of $10.8 million as the company shifted retail sales toward a margin-focused distributor model. Gross margin improved slightly to 47.5%, helped by better product and channel mix despite higher depreciation.
The company recorded an operating loss of $4.4 million and a net loss of $4.1 million for the quarter, and a six‑month net loss of $17.2 million versus $12.5 million a year earlier. A key event was the May 28, 2026 conversion of a C$75.3 million convertible debenture and accrued interest into 95.3 million common shares plus a $10 million private placement from BAT, eliminating the debenture and related derivatives, adding $65.0 million to additional paid‑in capital, and producing a $4.2 million loss on extinguishment.
Following this transaction, total liabilities fell to $20.3 million from $77.3 million at year‑end 2025, and shareholders’ equity moved from a $(2.0) million deficit to $56.1 million. Cash and cash equivalents increased to $14.0 million, aided by the private placement and reduced operating cash burn, and management states it expects existing liquidity to fund operations for at least the next 12 months.
Charlotte’s Web Holdings reported a weaker first quarter of 2026, with shrinking sales and a much larger net loss. Revenue fell 9.0% to $11.2 million, mainly because the company shifted more retail business to a distributor model. Gross margin declined to 46.6% from 50.8% as startup costs for bringing manufacturing in-house and lower volume weighed on profitability.
Operating loss improved modestly to $4.3 million from $5.3 million, but a large non-cash loss of $8.9 million from revaluing derivative financial instruments tied to its convertible debenture pushed the net loss to $13.1 million, more than double the prior-year period. Total assets were $70.7 million, versus liabilities of $85.7 million, resulting in a shareholders’ deficit.
The company ended the quarter with $5.2 million in cash and used about $2.8 million in operating cash flow. Management expects existing liquidity to cover the next 12 months and highlights a proposed transaction with BAT that would convert the C$75.3 million debenture into equity and add a further $10 million equity investment, eliminating roughly $65 million of debt if approved.
Charlotte’s Web Holdings reported Q3 results showing lower sales and margin pressure alongside continued cost reductions. Revenue was $11.503 million versus $12.587 million a year ago, reflecting the shift of B2B activity to distributors. Gross margin was 38.9% (53.0% prior year) due to a one-time $0.5 million B2B retail chargeback reserve and temporary in-house manufacturing inefficiencies. SG&A fell to $9.731 million from $12.693 million, supporting a smaller operating loss of $5.254 million.
Net loss was $5.818 million (basic and diluted $(0.04) per share). Cash was $9.810 million; total assets $81.599 million and liabilities $72.352 million, for shareholders’ equity of $9.247 million. The company recognized a $2.326 million gain after terminating the MLB Promotional Rights Agreement, which also waived $18 million of remaining fees. The convertible debenture’s net carrying amount was $48.819 million (principal $62.300 million) as of September 30, 2025. Product revenue was $11.428 million; service revenue $75 thousand. Shares outstanding were 159,420,141 as of November 11, 2025.