Core Insights - Edible Garden AG Incorporated has successfully completed the sale of its net operating losses (NOLs) under the NJEDA's Technology Business Tax Certificate Transfer Program, generating approximately $3.35 million in gross proceeds, which enhances the company's financial position and liquidity [1][3]. Financial Position - The sale of NOLs allows Edible Garden to convert tax assets into immediate, non-dilutive liquidity, thereby strengthening its balance sheet and enhancing financial flexibility [3]. - The company aims to utilize this enhanced liquidity to support ongoing operations, invest in its core business, and make disciplined capital allocation decisions for growth and operational efficiency [3]. Business Model and Operations - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its innovative farming model [4]. - The company operates advanced vertically integrated greenhouses and processing facilities across the U.S., including locations in Michigan, Iowa, and New Jersey, and partners with contract growers to ensure product freshness and reduce environmental impact [4]. Technology and Innovation - The proprietary GreenThumb 2.0 software optimizes greenhouse growing conditions and aims to reduce food miles, while the patented Self-Watering display extends plant shelf life [5]. - Edible Garden holds multiple patents in advanced aquaculture technologies, enhancing its product offerings and operational capabilities [5]. Product Offerings - The company markets a range of nutrition and specialty food products, including plant and whey protein powders, and a line of sustainable condiments [6].

Financial Results - Edible Garden AG Incorporated reported preliminary financial results for the Christmas holiday period on January 6, 2026[4]. - The press release detailing financial results is included as Exhibit 99.1 in the current report[4]. Company Classification - The company is classified as an emerging growth company under the Securities Act of 1933[3].

Core Insights - Edible Garden AG Incorporated reported a 26.4% year-over-year increase in preliminary sales during the key holiday selling period in 2025, indicating strong consumer demand and effective operational execution [1][2] - The sales growth was broad-based, with cut and potted herbs increasing approximately 26.7% and 25.0% respectively, and hydroponic basil growing by about 16.4% [1] - The company has expanded its distribution network to over 5,000 retail locations nationwide, including partnerships with major retailers such as Walmart, Target, and Amazon [2] Sales Performance - The sales figures reflect the period from December 14-31, 2025, compared to December 15-31, 2024, showcasing significant growth across various product categories [1][3] - Wheatgrass sales nearly doubled compared to the prior-year period, and condiments and specialty products also contributed positively to overall performance [1] Operational Highlights - The company emphasizes its operational focus and reliability, which are key to supporting growth and enhancing the Edible Garden brand [2] - The fulfillment rate, a key performance metric, is defined as the percentage of orders filled in full relative to the total number of orders received, indicating strong operational efficiency [4] Product and Innovation - Edible Garden is recognized for its controlled environment agriculture (CEA) solutions and sustainable practices, including its Zero-Waste Inspired® growing platform [3] - The company utilizes patented technologies such as the GreenThumb software and self-watering displays to optimize growing conditions and enhance product shelf life [3] Future Outlook - The company aims to continue expanding and strengthening retail relationships while maintaining consistent operational execution and delivering sustainable products that meet consumer demand [2]

Core Insights - Edible Garden AG Incorporated has appointed Michael Naidrich to its Board of Directors, effective immediately, where he will also serve as Chair of the Audit Committee [1][3] Group 1: Leadership Appointment - Michael Naidrich brings over 30 years of experience in capital markets, financial services leadership, and public-company governance [2] - Naidrich currently serves as CEO of AmeriVet Securities, Inc., and has previously held leadership roles at Tigress Financial Partners and Nova Capital Markets [2] - His expertise in financial strategy and corporate governance is expected to support Edible Garden's growth strategy and long-term shareholder value creation [3] Group 2: Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [4] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable packaging [4] - Edible Garden's proprietary GreenThumb 2.0 software optimizes greenhouse conditions and aims to reduce food miles, while the company holds multiple patents in aquaculture technologies [5] Group 3: Product Offerings - The company develops a range of nutrition and specialty food products, including plant and whey protein powders, and premium sports nutrition options [6] - Edible Garden also offers fresh, sustainable condiments and fermented products, enhancing its product portfolio [7]

Core Insights - Edible Garden AG Incorporated has expanded its product offerings in the New York metropolitan area through a partnership with Western Beef, a regional supermarket chain, to provide gourmet sauces and fermented pickles, reflecting a growing demand for clean-label and sustainable food options [1][4] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on sustainable, locally grown organic produce and operates over 5,000 retail locations across the U.S., Caribbean, and South America [5] - The company utilizes a Zero-Waste Inspired® farming model and is recognized for its advanced safety protocols and innovative technologies, including patented software and self-watering displays [5][6] Product Offerings - The Pulp product line includes gourmet and chili-based sauces made from thoughtfully sourced ingredients, while the Pickle Party line features fermented Kosher, Non-GMO pickles and sauerkraut, emphasizing minimal processing for freshness [3][8] - Edible Garden also markets nutrition and specialty food products, including plant and whey protein powders, catering to health-conscious consumers [7] Strategic Partnerships - The collaboration with Western Beef aims to enhance accessibility to fresh, responsibly produced foods in urban markets, thereby strengthening brand awareness and operational efficiency [4] - This partnership aligns with the company's strategy to expand distribution in core regions and meet the evolving preferences of consumers for sustainable food options [4]

Core Insights - Edible Garden AG Incorporated has expanded its retail presence by shipping fresh potted herbs, hydroponic basil, and cut herb varieties to Weis Markets, emphasizing its commitment to sustainability and regional growth [1][3][4] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired farming model [5] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, and is recognized for its advanced safety protocols and sustainable practices [5][7] Partnership with Weis Markets - The expanded relationship with Weis Markets allows Edible Garden to manage a fully integrated fresh herb program, significantly increasing the scale of their previous offerings [3][4] - Weis Markets operates 204 stores across several Mid-Atlantic states, which positions them strategically close to Edible Garden's greenhouse in New Jersey, minimizing food miles and enhancing freshness [2][4] Product Offerings - The comprehensive fresh herb program includes living herbs, hydroponic basil, and cut herbs, supported by proprietary displays designed to improve in-store presentation and reduce food waste [3][4] - Edible Garden also develops a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [7][8] Technological Innovations - The company utilizes proprietary GreenThumb 2.0 software to optimize growing conditions and reduce food miles, along with patented Self-Watering displays to extend shelf life [6] - Edible Garden holds multiple patents in aquaculture technologies, enhancing its innovative capabilities in sustainable farming [6]

Core Insights - Edible Garden AG Incorporated has expanded its Kick. Sports Nutrition product line to Target.com, enhancing its digital presence and supporting its omnichannel strategy [1][4] - The Kick. product line includes clean-label, performance-driven options aimed at athletes and health-conscious consumers, featuring both whey and plant-based proteins [2][4] - Target's platform is a significant addition for the brand, aligning with the growing consumer demand for high-protein supplements and clean-label nutrition products [3][4] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through innovative farming models [5] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, and is recognized for its advanced safety protocols and sustainable practices [5][8] - Edible Garden's proprietary technologies, including the GreenThumb software and Self-Watering displays, enhance product freshness and in-store presentation [6][8] Market Positioning - The addition of Kick. Sports Nutrition to Target.com is part of a broader strategy to meet consumers where they shop, reflecting the brand's commitment to omnichannel growth [4] - The company has seen strong momentum with recent distribution gains, including partnerships with major retailers and successful launches on platforms like Amazon [4] - The sports nutrition category is rapidly growing, and Edible Garden aims to position Kick. as a leading brand within this market [3][4]

Core Insights - Edible Garden AG Incorporated has expanded its Kick. Sports Nutrition product line to Target.com, enhancing its digital presence and supporting its omnichannel strategy [1][4] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through a Zero-Waste Inspired farming model [5] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, and is recognized for its advanced safety protocols and innovative farming technologies [5][6] Product Details - Kick. Sports Nutrition features clean-label, performance-driven products including whey and plant-based proteins, pre- and post-workout formulations, and hydration-energy blends aimed at athletes and health-conscious consumers [2][4] - The product line's availability on Target.com significantly increases national access and aligns with consumer shopping habits for health and wellness products [2][3] Market Trends - There is a rising consumer demand for high-protein supplements, influenced by changing dietary habits, particularly among users of GLP-1 weight-loss medications [3] - Target is actively expanding its protein and supplement offerings to cater to evolving wellness trends, making it a strategic partner for Edible Garden's Kick. brand [3] Strategic Initiatives - The expansion to Target.com is part of Edible Garden's commitment to meet consumers where they shop, enhancing its omnichannel strategy and building on recent distribution gains [4] - The company has also launched Kick. on Amazon and partnered with Pirawna for e-commerce, along with an international rollout at PriceSmart warehouse clubs [4]

Revenue Growth - Revenue increased by 9% to $2.8 million for the third quarter ended September 30, 2025, compared to $2.6 million in the same quarter of 2024[8] - International vitamin and supplements revenue rose 90.2% year-over-year, indicating significant growth in international markets[6] - Non-perishable unit sales surged approximately 49.3% year-over-year, driven by strong performance in shelf-stable product lines[6] Profitability and Loss - Gross profit for the quarter totaled approximately $0.3 million, down from $0.7 million in the prior-year quarter, due to higher costs[9] - The net loss for the quarter was $4.0 million, compared to a net loss of $2.1 million in the third quarter of 2024[10] - Net loss for the current period was $4,045 million, compared to a net loss of $2,063 million in the previous period, representing an increase of 96.3%[31] - Loss from operations increased to $3,558 million from $1,490 million, indicating a significant decline in operational performance[31] - Net income per common share was $(1.38), a decrease from $(16.32) in the previous period, reflecting worsening financial results[31] - The total net loss attributable to common stockholders reached $21,245 million, up from $7,972 million, highlighting a concerning trend[31] Expenses - Selling, general and administrative expenses increased to $3.8 million from $2.2 million in the same period last year, primarily due to higher depreciation expenses[10] - The company reported a total of $11,073 million in selling, general and administrative expenses, an increase from $8,823 million, reflecting rising operational costs[31] Operational Performance - Same store sales for Hydroponic Basil, Potted Herbs, and Wheatgrass increased by 28.6%, 22.6%, and 59.2% respectively[6] - The company is focused on long-term sustainable profitability and has built a more resilient organization to capture growth across both fresh and non-perishable categories[7] Strategic Initiatives - The company expanded its distribution network, launching products at major retailers including Kroger and The Fresh Market[4] - The acquisition of NaturalShrimp's assets is expected to enhance vertical integration and sustainable aquaculture capabilities[5] Financial Instruments and Other Income - Total other income (expenses) amounted to $(487) million, compared to $(573) million in the prior period, showing a slight improvement[31] - Interest expense, net decreased slightly to $(387) million from $(409) million, suggesting a minor improvement in financing costs[31] - Gain on change in derivative liability was $9 million, indicating some positive movement in financial instruments[31] - The deemed dividend on warrants was $(9,833) million, which impacted the net loss attributable to common stockholders significantly[31] - Weighted-average number of common shares outstanding increased to 2,934,311 from 126,416, indicating a substantial dilution effect[31]

Poultry Mix Leads Seasonal Surge With 27.5% Growth, Boosted by Walmart Expansion and Custom Displays Holiday Performance Strengthened by Growth in Core Categories BELVIDERE, NJ, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced preliminary sales results for the 2025 Thanksgiving time-period1, reflectin ...