iANTHUS CAPITAL HOLDINGS, INC. (ITHUF) financial statements (2022 and earlier)
Company profile
| Business Address |
SUITE 1980, 1075 WEST GEORGIA ST. VANCOUVER, BC V6E 3C9 |
| State of Incorp. | BC |
| Fiscal Year End | December 31 |
| SIC | 01 - Agricultural Production Crops (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 13,244 | 19,502 | 18,171 | 13,692 | ||
| Cash and cash equivalents | 13,244 | 19,502 | 18,171 | 13,692 | ||
| Restricted cash and investments | 3,334 | 4,138 | 5,710 | 8,435 | ||
| Receivables | 3,595 | 3,427 | 3,714 | 4,360 | ||
| Inventory, net of allowances, customer advances and progress billings | 30,447 | 29,984 | 27,656 | 26,174 | ||
| Inventory | 30,447 | 29,984 | 27,656 | 26,174 | ||
| Prepaid expense | 3,178 | 3,150 | 3,878 | 4,639 | ||
| Other current assets | 1,603 | 2,627 | 3,045 | 3,200 | ||
| Total current assets: | 55,401 | 62,828 | 62,174 | 60,500 | ||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 30,429 | 31,268 | 30,865 | 32,204 | ||
| Property, plant and equipment | 112,634 | 113,308 | 110,627 | 109,075 | ||
| Long-term investments and receivables | 568 | 592 | 713 | 532 | ||
| Long-term investments | 568 | 592 | 713 | 532 | ||
| Regulated entity, other noncurrent assets | 2,800 | 3,100 | 3,600 | |||
| Other noncurrent assets | 8,650 | 8,442 | 8,150 | 7,752 | ||
| Other undisclosed noncurrent assets | 139,062 | 144,766 | 147,894 | 151,218 | ||
| Total noncurrent assets: | 291,343 | 301,176 | 301,349 | 304,381 | ||
| TOTAL ASSETS: | 346,744 | 364,004 | 363,523 | 364,881 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 113,082 | 102,391 | 90,019 | 81,347 | ||
| Accounts payable | 13,636 | 13,033 | 11,186 | 13,897 | ||
| Accrued liabilities | 99,446 | 89,358 | 78,833 | 67,450 | ||
| Debt | 165,381 | 164,793 | 163,918 | 161,443 | ||
| Derivative instruments and hedges, liabilities | 16 | 315 | 136 | 282 | ||
| Other undisclosed current liabilities | 7,342 | 7,579 | 7,545 | 7,630 | ||
| Total current liabilities: | 285,821 | 275,078 | 261,618 | 250,702 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 55,813 | 55,101 | 53,859 | 52,538 | ||
| Long-term debt, excluding current maturities | 27,999 | 27,074 | 26,475 | 25,590 | ||
| Operating lease, liability | 27,814 | 28,027 | 27,384 | 26,948 | ||
| Liabilities, other than long-term debt | 27,507 | 32,130 | 32,130 | 32,130 | ||
| Deferred income tax liabilities | 27,507 | 32,130 | 32,130 | 32,130 | ||
| Total noncurrent liabilities: | 83,320 | 87,231 | 85,989 | 84,668 | ||
| Total liabilities: | 369,141 | 362,309 | 347,607 | 335,370 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent, including: | (22,397) | 1,695 | 15,916 | 29,511 | ||
| Additional paid in capital | 776,462 | 774,849 | 773,235 | 771,574 | ||
| Accumulated deficit | (800,390) | (774,685) | (758,850) | (743,594) | ||
| Other undisclosed stockholders' equity attributable to parent | 1,531 | 1,531 | 1,531 | 1,531 | ||
| Total stockholders' equity: | (22,397) | 1,695 | 15,916 | 29,511 | ||
| TOTAL LIABILITIES AND EQUITY: | 346,744 | 364,004 | 363,523 | 364,881 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|
| Revenues | 47,722 | 49,263 | 54,228 | 51,805 | |
| Cost of revenue | (23,528) | (23,206) | (22,917) | (22,084) | |
| Gross profit: | 24,194 | 26,057 | 31,311 | 29,721 | |
| Operating expenses | (64,222) | (22,708) | (22,692) | (23,945) | |
| Other undisclosed operating income (loss) | 23,452 | (8,133) | (7,686) | (7,374) | |
| Operating income (loss): | (16,576) | (4,784) | 933 | (1,598) | |
| Nonoperating income | 1,150 | 188 | 656 | 381 | |
| Investment income, nonoperating | 421 | (162) | 436 | 107 | |
| Other nonoperating income | 729 | 350 | 220 | 274 | |
| Interest and debt expense | (400) | (400) | (400) | (400) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (15,826) | (4,996) | 1,189 | (1,617) | |
| Other undisclosed loss from continuing operations before income taxes | (6,895) | (6,749) | (8,561) | (10,544) | |
| Loss from continuing operations before income taxes: | (22,721) | (11,745) | (7,372) | (12,161) | |
| Income tax expense | (2,984) | (4,090) | (7,884) | (7,291) | |
| Net loss available to common stockholders, diluted: | (25,705) | (15,835) | (15,256) | (19,452) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|
| Net loss: | (25,705) | (15,835) | (15,256) | (19,452) | |
| Comprehensive loss, net of tax, attributable to parent: | (25,705) | (15,835) | (15,256) | (19,452) | |
Statements sources
The financial statements are based on the company's filings with the 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.