GROV — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• Changes in fair value of derivative liabilities(72)(70)(171)(214)

• We account for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are determined based on the difference between the financial statements and income tax bases of assets and liabilities using

• enacted tax rates in effect for the year in which the differences are expected to reverse. We recognize the benefits of tax return positions in the financial statements when they are more likely than not to be sustained by the taxing authority, based on the technical merits at the reporting date. We…

• Changes in fair value of derivative liabilities(72)(70)(171)(214)

• Revenue decreased by $7.5 million, or 17%, and $14.8 million, or 17%, for the three and six months ended June 30, 2026, respectively, as compared to the three and six months ended June 30, 2025. This decline was primarily driven by a decrease in DTC Total Orders from lower advertising expenses and d…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• We account for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are determined based on the difference between the financial statements and income tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences…

• Revenue decreased by $7.3 million, or 17%, for the three months ended March 31, 2026 as compared to the three months ended March 31, 2025. This decline was primarily driven by a decrease in DTC Total Orders from lower advertising expenses in previous periods and disruptions related to the migration …

• Gross margin in the three months ended March 31, 2026 increased by 180 basis points, compared to the three months ended March 31, 2025, primarily due to more targeted promotional strategies, as a result of the launch of Green Rewards in the fourth quarter of 2025 as well as a lower costs of goods pe…

• Advertising expenses decreased by $1.6 million, or 59%, for the three months ended March 31, 2026 compared to the three months ended March 31, 2025 driven by decreases in online advertising expenses.

• Product development expenses decreased by $0.3 million, or 19%, for the three months ended March 31, 2026 as compared to the three months ended March 31, 2025, primarily due to a decrease in consulting fees related to the ecommerce platform migration and lower owned brands development.

Text added vs the prior filing · source: 10-Q · 2026-08-06

• •Artificial intelligence and machine learning solutions, including our use of such solutions and use of such solutions by our competitors, could result in reputational harm, competitive harm, or legal liability, and could adversely affect our results of operations.

• •We may not be able to maintain compliance with the NYSE’s continued listing requirements and rules, and the NYSE may delist our securities from trading on its exchange, which could limit negatively impact investors’ ability to make transactions in our securities and subject us to additional trading…

• Any investments that we make may not result in the growth of our business. Even if our investments do result in the growth of our business, if we do not effectively manage our growth, we may not be able to execute on our business plan,

• respond to competitive pressures, take advantage of market opportunities, satisfy consumer requirements or maintain high-quality product offerings, any of which could adversely affect our business, financial condition, results of operations and prospects. We are also required to manage numerous rela…

• incurred a net loss of $0.9 million and $1.9 million, respectively. As of June 30, 2026, we had an accumulated deficit of $662.2 million.

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• actions). In limited circumstances, the FDA has taken regulatory action against products labeled “natural” but that nonetheless contain synthetic ingredients or components.

• Any investments that we make may not result in the growth of our business. Even if our investments do result in the growth of our business, if we do not effectively manage our growth, we may not be able to execute on our business plan, respond to competitive pressures, take advantage of market oppor…

• condition, results of operations and prospects may be adversely affected. If we are unable to successfully re-ignite growth and achieve sustainable profitability, our business prospects will be materially and adversely affected.

• We expect to continue to incur significant expenses and to incur operating losses for the foreseeable future. We may not succeed in increasing our revenues in a manner that will be sufficient to offset these expenses. Any failure to increase our revenues as we implement initiatives to grow our busin…

• achieve profitability on a quarterly or annual basis. If we are unable to address these risks and difficulties as we encounter them, our business, financial condition and results of operations may suffer.