Charlie's Holdings Q3 Revenue Rises 336% to $7.1 Million

Reuters
11/20
Charlie's Holdings Q3 Revenue Rises 336% to $7.1 Million

Charlie's Holdings Inc. reported revenue of $7.1 million for the three months ended September 30, 2025, an increase of 336% compared to $1.6 million in the same period in 2024. Net income was $0.6 million, compared to a net loss of $1.0 million a year earlier. The company also reported a cash balance of $1.1 million and total assets of $10.6 million, up from $0.2 million and $3.9 million, respectively, at the end of Q4 2024. Shareholders' equity improved to $3.2 million from a deficit of $1.8 million. The increase in revenue was primarily attributed to higher sales of the SBX product line, which now represents the majority of the company's sales. The company completed a $1.0 million sale of a PACHA SKU to a strategic buyer during the quarter. The SBX roll-out began in Q3 2025 in seven states, with further expansion planned in Q4.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Charlie's Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1104652) on November 19, 2025, and is solely responsible for the information contained therein.

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