Leafly Holdings Inc 2025年季度报告

For the transition period fromto Leafly Holdings, Inc.(Exact Name of Registrant as Specified in its Charter) Securities registered pursuant to Section 12(b) of the Act: NoneIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required toYes☒No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act.☐ Emerging growth company☐ any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of May 5, 2025, the registrant had3,137,380shares of common stock, $0.0001 par value per share, outstanding. Financial InformationCondensed Consolidated Financial Statements (Unaudited) Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024Consolidated Statements of Operations for the Three Months Ended March 31, 2025 and 2024 Consolidated Statements of Changes in Stockholders Deficit for the Three Months Ended March 31,2025 and 2024 This Quarterly Report on Form 10-Q (“Quarterly Report”) contains a number of forward-looking statements within the meaning ofthe Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact included in Forward-looking statements may appear throughout this Quarterly Report, including in the following sections: “Management’sDiscussion and Analysis of Financial Condition and Results of Operations” (Part I, Item 2). Words and variations of words, such as “may,”“expect,”“contemplate,”“believe,”“estimate,”“project,”“budget,”“plan,”“will,”“could,”“should,”“predict,”“potential,” “can,” “likely,” “designed,” “seek” and “continue” and similar expressions are intended to identify our forward-lookingstatements. You should read statements that contain these words carefully because they:•discuss future expectations; or•contain projections of future results of operations or financial condition; or•state other “forward-looking” information.You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this obtaining the benefits of the “safe harbor” provisions of such laws. Except to the extent required by applicable laws andregulations, Leafly undertakes no obligations to update these forward-looking statements to reflect events or circumstances after the date of this Quarterly Report or to reflect the occurrence of unanticipated events. There may be events in the future that Leafly is not able to predict accurately or over which it has no control. The section in theCompany’s Annual Report on Form 10-K for the year ended December 31, 2024 (the “2024 Annual Report”) and in this Quarterly Report entitled “Risk Factors,” and the section of this Quarterly Report entitled “Management’s Discussion and Analysis of risks, uncertainties and events that may cause actual results to differ materially from the expectations described by Leafly in suchforward-looking statements.These examples include: and other obligations when due;•the size, demands and growth potential of the markets for the Company’s products and services and the Company’sability to serve those markets;•the impact of worldwide economic conditions, including the resulting effect on consumer spending at local cannabis •the degree of market acceptance and adoption of the Company’s products, services and pricing changes;•the Company’s ability to attract and retain customers; •the Company’s success in retaining or recruiting officers, key employees or directors; •the Company’s ability to pay its debts as they become due or otherwise resolve its debts with creditors;•the impact of the regulatory environment and complexities with compliance related to such environment, including compliance with restrictions imposed by federal law (under which cannabis is illegal) and slower legalization efforts atthe state level; and •factors relating to the business, operations and financial performance of the Company and its subsidiaries. 2 Item 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) See Notes to Condensed Consolidated Financial Statements. Three