Planet 13 Holdings INC 10-Q quarterly reports

Planet 13 Holdings Inc. reported a significant net loss of $59.3 million for the nine months ended September 30, 2025, alongside declining revenues and gross profit margins, while announcing a strategic exit from its California operations.

Planet 13 Holdings Inc. reported a significant net loss for the second quarter of 2025, driven by decreased revenue and increased operating expenses, despite strategic expansion in Florida and a legal settlement recovery.

Planet 13 Holdings saw a revenue increase in Q1 2025, primarily due to the inclusion of VidaCann's operations, but faced challenges with customer traffic and wholesale prices.

Planet 13 Holdings Inc. saw a 29.7% increase in revenue in Q3 2024 compared to Q3 2023, primarily due to the acquisition of VidaCann.

Planet 13 Holdings saw a revenue increase in the second quarter of 2024, primarily due to the acquisition of VidaCann, despite a decrease in customer traffic at its Las Vegas superstore.

Planet 13 Holdings experienced a decrease in revenue for the first quarter of 2024, while also making strategic moves including a public offering, the sale of its Florida license, and the pending acquisition of VidaCann.

Planet 13 Holdings Inc. has restated its financials for multiple periods due to a $22 million misappropriation of funds and announced a definitive agreement to acquire VidaCann, LLC.

Planet 13 Holdings has restated its financial statements for multiple periods due to the misappropriation of approximately $22 million by an external investment advisor.

Planet 13 Holdings has restated its first quarter 2023 financials due to a believed misappropriation of approximately $22 million by its former investment advisor, El Capitan Advisors.