Goodness Growth Holdings, Inc. (GDNSF) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
207 SOUTH 9TH STREET MINNEAPOLIS, MN 55402 |
| State of Incorp. | BC |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 15,149 | 15,155 | |||
| Cash and cash equivalents | 15,149 | 15,155 | |||
| Receivables | 1,421 | 1,252 | |||
| Inventory, net of allowances, customer advances and progress billings | 20,508 | 20,422 | |||
| Inventory | 20,508 | 20,422 | |||
| Prepaid expense | 2,545 | 1,560 | |||
| Deferred costs | 2,237 | ||||
| Asset, held-for-sale, not part of disposal group | 4,241 | ||||
| Financing receivable, excluding accrued interest, after allowance for credit loss | |||||
| Other undisclosed current assets | 628 | 3,251 | |||
| Total current assets: | 46,729 | 41,640 | |||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | 6,111 | 8,510 | |||
| Long-term investments and receivables | 3,750 | 3,750 | |||
| Accounts and financing receivable, after allowance for credit loss | 3,750 | 3,750 | |||
| Intangible assets, net (including goodwill) | 8,961 | 10,368 | |||
| Goodwill | 184 | 184 | |||
| Intangible assets, net (excluding goodwill) | 8,777 | 10,184 | |||
| Deposits noncurrent assets | 2,312 | 1,718 | |||
| Deferred income tax assets | 1,687 | 1,495 | |||
| Other undisclosed noncurrent assets | 89,607 | 99,489 | |||
| Total noncurrent assets: | 112,428 | 125,330 | |||
| TOTAL ASSETS: | 159,156 | 166,970 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 14,929 | 14,805 | |||
| Taxes payable | ✕ | 6,166 | 5,197 | ||
| Accounts payable | 1,905 | 1,490 | |||
| Accrued liabilities | 6,173 | 7,709 | |||
| Other undisclosed accounts payable and accrued liabilities | 685 | 410 | |||
| Debt | 11,780 | ||||
| Other undisclosed current liabilities | 3,000 | 1,601 | |||
| Total current liabilities: | 29,709 | 16,406 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 46,249 | 27,330 | |||
| Long-term debt, excluding current maturities | 46,249 | 27,330 | |||
| Liabilities, other than long-term debt | |||||
| Other liabilities | |||||
| Other undisclosed noncurrent liabilities | 79,758 | 80,228 | |||
| Total noncurrent liabilities: | 126,007 | 107,558 | |||
| Total liabilities: | 155,716 | 123,964 | |||
| Equity | |||||
| Equity, attributable to parent | 3,441 | 43,006 | |||
| Additional paid in capital | 181,322 | 178,429 | |||
| Accumulated deficit | (177,881) | (135,424) | |||
| Total equity: | 3,441 | 43,006 | |||
| TOTAL LIABILITIES AND EQUITY: | 159,156 | 166,970 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Revenues | 74,626 | 54,446 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (39,424) | (32,006) | ||
| Other undisclosed gross profit | (4,294) | (2,641) | ||
| Gross profit: | 30,908 | 19,799 | ||
| Operating expenses | (37,848) | (40,280) | ||
| Operating income (loss): | (6,939) | (20,482) | ||
| Nonoperating expense | (29,625) | (9,087) | ||
| Investment income, nonoperating | 6,903 | |||
| Other nonoperating income (expense) | 1,242 | (245) | ||
| Interest and debt expense | (22,594) | (10,575) | ||
| Loss from continuing operations before equity method investments, income taxes: | (59,158) | (40,144) | ||
| Other undisclosed income from continuing operations before income taxes | 22,594 | 10,575 | ||
| Loss from continuing operations before income taxes: | (36,564) | (29,568) | ||
| Income tax expense | (5,893) | (4,122) | ||
| Loss from continuing operations: | (42,457) | (33,690) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (33,690) | |
| Net loss: | (42,457) | (33,690) | ||
| Other undisclosed net income attributable to parent | ||||
| Net loss available to common stockholders, diluted: | (42,457) | (33,690) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net loss: | (42,457) | (33,690) | ||
| Comprehensive loss, net of tax, attributable to parent: | (42,457) | (33,690) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.