EDBL Edible Garden AG Inc

Overview and Growth

Edible Garden AG Inc generated $12.81M of revenue in fiscal 2025, with net loss of $17.33M and an operating cash outflow of $11.80M. The $12.81M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line contracted 7.6% from $13.86M in fiscal 2024; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of -$117.64, adding a shareholder-level measure to the absolute income figures considered below. The company employed $20.60M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.62x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The company recorded a $204.00K gross loss after reported cost of revenue. Relative to revenue, the gross deficit measured 1.6% before operating expenses. The company recorded an operating loss of $15.80M after the reported operating expense base. Relative to revenue, the operating deficit measured 123.3%, showing the shortfall after operating costs. The company ended the period with a net loss of $17.33M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 135.3% after all recognized items. Negative EBITDA totaled $13.88M, confirming that the earnings deficit remained before depreciation and amortization. Income tax expense totaled $0.00, providing the reported tax component that separates pretax and after-tax earnings. The net loss equaled 138.7% of period-end equity, showing the deficit relative to book capital. The loss-to-assets relationship was 84.2%, placing the bottom-line deficit against the company’s resource base. Compared with a $11.05M net loss in fiscal 2024, the current loss increased to $17.33M.

Liquidity and Capital Structure

At period end, the $20.60M asset base was financed through $8.10M of liabilities and $12.50M of equity. The near-term balance sheet paired $5.79M of current assets with $7.09M of current liabilities at the reporting date. Current assets covered only 0.82x of current liabilities, so current liabilities exceeded current assets at period end. Cash and equivalents totaled $1.11M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 15.7%, excluding receivables and other current assets. Borrowings totaled $1.66M, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 0.13x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 8.0%, showing how much of the asset base was matched by borrowing. Book equity represented 60.7% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 39.3% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 5.4% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $11.91M in fiscal 2024, the current asset base moved 72.9% and finished higher. Reported equity changed 205.3% from $4.09M in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 68.4% from $3.53M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Operating activities used $11.80M of cash, resulting in an operating cash outflow for the year. Capital spending of $638.00K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. The company recorded a $12.44M cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 97.1%. The free-cash-flow deficit equaled 60.4% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.