Leafly Holdings Q1 2025 Update

Leafly Holdings, Inc. /De 10-Q Filing Summary
FieldDetail
CompanyLeafly Holdings, Inc. /De
Form Type10-Q
Filed DateMay 15, 2025
Risk Levelmedium
Sentimentneutral

Sentiment: neutral

Topics: 10-Q, financials, expenses, debt

TL;DR

Leafly's Q1 2025 filing is out, showing R&D and G&A expenses, plus details on convertible notes and stock plans.

AI Summary

Leafly Holdings, Inc. reported its first quarter 2025 results ending March 31, 2025. The company's filing details its financial performance, including expenses such as Research and Development and General and Administrative costs for the period. It also references outstanding convertible notes and equity plans like The 2021 Plan and The 2018 Plan.

Why It Matters

This filing provides insight into Leafly's operational costs and financial structure as of Q1 2025, which can impact investor decisions.

Risk Assessment

Risk Level: medium — The filing contains financial details and references to debt instruments and equity plans, indicating potential financial risks and opportunities.

Key Numbers

  • 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
  • 20250515 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)

Key Players & Entities

  • Leafly Holdings, Inc. (company) — Filer of the 10-Q
  • 20250331 (date) — End of reporting period
  • 20250515 (date) — Filing date
  • us-gaap:ResearchAndDevelopmentExpenseMember (dollar_amount) — Expense category
  • us-gaap:GeneralAndAdministrativeExpenseMember (dollar_amount) — Expense category
  • lfly:The2021PlanMember (company) — Equity plan
  • lfly:The2018PlanMember (company) — Equity plan
  • lfly:ConvertibleNotes2022Member (dollar_amount) — Debt instrument

FAQ

What were Leafly Holdings, Inc.'s Research and Development expenses for the first quarter of 2025?

The filing indicates 'us-gaap:ResearchAndDevelopmentExpenseMember' for the period of 2024-01-01 to 2024-03-31, and 2025-01-01 to 2025-03-31, but specific dollar amounts are not provided in this excerpt.

What is the status of Leafly's convertible notes as of March 31, 2025?

The filing references 'lfly:ConvertibleNotes2022Member' and 'us-gaap:ConvertibleDebtMember' as of 2025-03-31, indicating these are outstanding.

Which equity plans are mentioned in the filing for the period ending March 31, 2025?

The filing mentions 'lfly:The2021PlanMember' and 'lfly:The2018PlanMember' in relation to performance shares and the period ending 2025-03-31.

What is the company's primary industry classification?

Leafly Holdings, Inc. is classified under 'SERVICES-PREPACKAGED SOFTWARE [7372]'.

What was the former name of Leafly Holdings, Inc. before its name change?

The former company name was Merida Merger Corp. I, with a date of name change on 20190815.

Filing Details

This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding Leafly Holdings, Inc. /DE.

View full filing on EDGAR

View Full Filing

View this 10-Q filing on SEC EDGAR

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