7Baggers
Quarterly
Annual
    Unit: USD2025-08-31 2025-02-28 2024-11-30 2024-08-31 2024-05-31 2023-08-31 2022-05-31 2022-02-28 2021-11-30 2021-08-31 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 
      
    		                     
      cash from operating activities:
    		                     
      net income
    		1,513,000 -793,534,000 -85,275,000 -34,652,000 -15,375,000 -55,863,000 -457,800,000 52,475,000 5,797,000 -34,604,000 -340,955,000 -2,949,000 -2,315,000 -81,686,000 -184,123,000 -220,137,000 -35,678,000 -35,053,000 -30,301,000 -31,009,000 -18,700,000 
      adjustments for:
    		                     
      deferred income tax (recovery) expense
    		-2,285,000                     
      unrealized foreign exchange gain
    		-2,328,000 21,098,000                    
      amortization
    		15,561,000 33,546,000 34,050,000 31,814,000 31,730,000 30,789,000 40,768,000 37,020,000 37,471,000 39,333,000            
      accretion of convertible debt discount
    		1,976,000 2,766,000 2,918,000 3,067,000 2,996,000                 
      unrealized loss on digital assets
    		8,000                     
      other non-cash items
    		282,000 -1,778,000 2,552,000 729,000 329,000 -816,000 -10,609,000 -2,777,000 3,574,000 165,000   -143,000 93,000 138,000       
      stock-based compensation
    		5,052,000 4,035,000 7,237,000 6,917,000 7,252,000 8,257,000 8,969,000 9,355,000 13,596,000 4,074,000            
      gain on long-term investments
    		-39,000                     
      gain on derivative instruments
    		3,670,000      -16,930,000 -77,217,000              
      change in fair value of contingent consideration
    		-15,000,000    1,000,000 -11,107,000 -15,585,000         -29,895,000      
      change in non-cash working capital:
    		                     
      accounts receivable
    		14,414,000 9,372,000 -6,709,000 -2,342,000 -12,153,000 13,044,000  -3,192,000 12,602,000 -9,868,000 -1,000,000 -4,781,000 1,928,000 11,050,000 -1,906,000 -1,718,000 -11,109,000 -5,023,000 3,030,000 -11,704,000 -3,968,000 
      prepaids and other current assets
    		-7,133,000 4,788,000 524,000 -13,570,000 11,921,000 -4,654,000  5,346,000 966,000 -7,265,000            
      inventory
    		-11,905,000 2,550,000 4,256,000 -12,383,000 -10,949,000 3,650,000  -19,921,000 -1,513,000 4,922,000 -4,893,000 -4,589,000 -4,584,000 -9,298,000 -11,594,000 -28,885,000 -35,029,000 -25,746,000 -12,983,000 -1,472,000 -7,802,000 
      accounts payable and accrued liabilities
    		-5,127,000 -13,132,000 -16,356,000 -8,472,000 31,194,000 -6,469,000  -13,434,000 -21,913,000 -22,600,000            
      net cash from operating activities
    		-1,341,000 -5,761,000 -40,724,000 -35,307,000 30,707,000 -15,842,000 -20,524,000 -46,390,000 -17,121,000 -93,227,000 -13,008,000 -24,865,000 -13,983,000 -36,472,000 -54,031,000 -90,810,000 -57,028,000 -85,386,000 -24,841,000 -19,808,000 -23,535,000 
      capex
    		0 0 0 0 0 0 0 0 0 0 -2,466,000 -5,278,000 -11,874,000 -9,202,000 -18,290,000 -23,320,000 -24,158,000 -17,246,000 -9,017,000 0 -9,839,000 
      free cash flows
    		-1,341,000 -5,761,000 -40,724,000 -35,307,000 30,707,000 -15,842,000 -20,524,000 -46,390,000 -17,121,000 -93,227,000 -15,474,000 -30,143,000 -25,857,000 -45,674,000 -72,321,000 -114,130,000 -81,186,000 -102,632,000 -33,858,000 -19,808,000 -33,374,000 
      cash from investing activities:
    		                     
      investment in capital and intangible assets
    		-9,523,000 -14,414,000 -5,436,000 -6,736,000 -9,710,000 -4,152,000 -5,594,000 -4,614,000 -7,540,000 -16,316,000            
      proceeds from disposal of capital and intangible assets
    		293,000 202,000 603,000 28,000 7,343,000 342,000 679,000 3,262,000 568,000 7,696,000            
      investment in digital assets
    		-1,000,000                     
      disposal (purchase) of marketable securities
    		34,697,000   -42,687,000 47,423,000                 
      net cash from investing activities
    		24,467,000 -119,000 -10,725,000 -49,395,000 45,056,000 -26,290,000 -4,915,000 -1,026,000 -6,972,000 -8,620,000 -69,000 203,000 -12,434,000 -11,330,000 -18,119,000 11,663,000 -66,267,000 -29,081,000 -169,496,000 -45,076,000 -24,591,000 
      cash from financing activities:
    		                     
      share capital issued, net of cash issuance costs
    		22,491,000 28,221,000 45,045,000 66,472,000                  
      repayment of long-term debt
    		-2,653,000 -5,727,000 -5,597,000 -4,791,000 -4,424,000  -5,684,000 -13,791,000 -12,419,000 -8,360,000            
      repayment of convertible debt
    		 0 0 -330,000 0                 
      repayment of lease liabilities
    		-994,000 -862,000 -862,000 -862,000 -129,000  0 -1,312,000 -3,206,000 -154,000            
      net decrease in bank indebtedness
    		1,004,000 -7,011,000                    
      net cash from financing activities
    		19,848,000 18,071,000 38,203,000 60,590,000 7,070,000 14,018,000 161,808,000 -5,565,000 -20,019,000 -8,028,000 234,081,000 54,726,000 44,909,000 5,426,000 159,786,000 69,602,000 39,394,000 4,960,000 744,000 451,331,000 123,639,000 
      effect of foreign exchange on cash and cash equivalents
    		188,000 -1,933,000 -2,242,000 958,000 -746,000 614,000 326,000 412,000 -402,000 -2,294,000            
      net increase in cash and cash equivalents
    		43,162,000                     
      cash and cash equivalents, beginning of period
    		221,666,000 0 0 228,340,000 0 206,632,000 0 0 0 488,466,000 189,702,000 0 0 0 96,791,000 0 0 0 487,255,000 0  
      cash and cash equivalents, end of period
    		264,828,000 10,258,000 -15,488,000 205,186,000 82,087,000 179,132,000 136,695,000 -52,569,000 -44,514,000 376,297,000 416,370,000 34,497,000 17,994,000 -36,779,000 173,990,000 -3,368,000 -84,392,000 -109,654,000 294,205,000   
      deferred income tax expense (recovery)
    		 1,157,000                    
      impairments
    		                     
      other than temporary change in fair value of convertible notes receivable
    		    0                 
      gain on long-term investments & equity investments
    		 5,474,000     7,315,000               
      (gain) loss on derivative instruments
    		 -1,338,000                    
      (purchase) disposal of marketable securities
    		 14,093,000                    
      business acquisitions, net of cash acquired
    		 0   0                 
      proceeds from long-term debt
    		    0                 
      proceeds from convertible debt
    		    0                 
      net decrease in cash and cash equivalents
    		 10,258,000 -15,488,000 -23,154,000 82,087,000 -27,500,000 136,695,000 -52,569,000 -44,514,000 -112,169,000            
      deferred income tax expense
    		   382,000                 24,000 
      unrealized foreign exchange (gain) loss
    		   -5,602,000 10,378,000 -3,127,000                
      (gain) loss on long-term investments & equity investments
    		   -499,000                  
      loss on derivative instruments
    		   -696,000  10,345,000                
      net increase in bank indebtedness
    		   101,000 3,004,000 -8,787,000                
      deferred income tax recovery
    		    -31,473,000 59,000 -10,242,000 -6,068,000 13,645,000 -24,873,000            
      gain on sale of capital assets
    		      -51,000               
      inventory valuation write down
    		      55,000,000 0              
      loss on long-term investments & equity investments
    		     47,000   1,053,000 1,144,000            
      proceeds from warrants and options exercised
    		                     
      shares effectively repurchased for employee withholding tax
    		                     
      dividend paid to nci
    		                     
      (gain) loss on sale of capital assets
    		                     
      loss on sale of capital assets
    		     3,000   203,000 27,000            
      purchase of marketable securities
    		     -45,436,000                
      net cash acquired from business acquisitions
    		     22,956,000                
      proceeds from long-term debt and convertible debt
    		     29,174,000                
      repayment of long-term debt and convertible debt
    		     -6,369,000                
      unrealized foreign exchange loss
    		      16,302,000   13,192,000            
      transaction costs associated with business acquisitions
    		                     
      promissory notes advances
    		                     
      repayment of notes receivable
    		                     
      change in marketable securities
    		                     
      proceeds from disposal of long-term investments and equity investees
    		                     
      net cash (paid for) acquired in business acquisition
    		                     
      proceeds from convertible debentures issuance
    		                     
      repayment of convertible debentures
    		                     
      net cash paid for business acquisition
    		                     
      increase in bank indebtedness
    		      627,000 8,760,000 -467,000 486,000            
      impairment
    		                     
      change in non-cash working capital
    		                     
      proceeds from disposal of marketable securities
    		                     
      investment in long-term investments and equity investees
    		                     
      net cash acquired (paid) on business acquisitions
    		      0               
      proceeds (payment) from warrants and options exercised
    		      -134,000 778,000              
      loss on contingent consideration
    		        845,000 837,000            
      net cash paid on business acquisitions
    		                     
      gain on debt instruments
    		         -57,711,000            
      net income for the year
    		                     
      loss on promissory notes receivable
    		                     
      gain on convertible debentures
    		                     
      repayment of convertible notes receivable
    		                     
      proceeds from convertible debentures
    		                     
      amounts paid to non-controlling interest
    		                     
      supplementary disclosure of cash flow information
    		                     
      cash paid during the year:
    		                     
      income taxes
    		                     
      operating activities
    		                     
      adjusted for the following items:
    		                     
      inventory valuation adjustments
    		          2,062,000 2,303,000 13,443,000 18,629,000 4,044,000       
      depreciation and amortization expenses
    		          4,908,000 4,422,000 5,346,000 4,325,000 4,561,000       
      impairment of assets
    		           2,904,000 0 28,371,000 29,839,000       
      stock-based compensation expenses
    		          7,193,000 6,312,000 8,080,000 7,647,000 7,677,000       
      change in fair value of warrant liability
    		          263,201,000 49,011,000 -31,913,000 11,210,000 71,978,000       
      income from equity method investments
    		          1,787,000 1,488,000 1,420,000 1,327,000 1,748,000 2,667,000      
      (gain) income from equity investments measured at fair value
    		          -300,000           
      (gain) income from sale of investment
    		          -75,000           
      interest on debt securities
    		           -197,000 -195,000 -185,000 -221,000       
      deferred taxes
    		          -635,000 -1,363,000 134,000 -2,875,000 -1,272,000 -4,860,000 2,432,000 -2,642,000 -3,777,000   
      amortization of discount on convertible notes
    		          1,653,000 2,373,000 2,700,000 2,647,000 2,597,000 2,227,000 2,583,000 2,532,000 2,501,000   
      amortization of transaction costs on senior facility
    		          436,000 429,000 407,000 405,000 131,000       
      foreign currency (gain) loss
    		          -699,000   -13,326,000 28,069,000   126,000 -214,000   
      accretion related to obligations under finance leases
    		          485,000 1,041,000 77,000 166,000 151,000       
      issuance costs on registered offering recorded to net income
    		           0 0 0 3,953,000       
      credit loss expenses
    		          805,000 113,000 -29,000 271,000 46,000       
      benefit from sales returns
    		          -924,000  -90,000 164,000 -262,000       
      loss on disposal of property and equipment
    		          82,000  449,000 -21,000 457,000    111,000   
      changes in non-cash working capital:
    		                     
      prepayments and other current assets
    		          2,703,000 -9,667,000 -1,937,000 -549,000 6,749,000       
      accounts payable
    		          30,513,000 -7,941,000 3,934,000 -1,260,000 -15,218,000 -18,770,000 38,081,000 927,000 -235,000 1,819,000 -4,620,000 
      accrued expenses and other current liabilities
    		          20,645,000  -1,881,000 -12,810,000 -3,172,000 11,676,000 7,086,000 -2,207,000 11,660,000 3,890,000 3,939,000 
      investing activities
    		                     
      change in deposits and other assets
    		            176,000 -2,397,000 -927,000 -2,774,000 -229,000     
      investment in equity method investees
    		          -493,000           
      proceeds from the sale of other investments
    		          2,719,000  0 0 437,000       
      purchases of property and equipment
    		          -2,466,000 -5,278,000 -11,874,000 -9,202,000 -18,290,000 -23,320,000 -24,158,000 -17,246,000 -9,017,000   
      proceeds from disposal of property and equipment
    		          171,000 290,000 679,000 1,031,000 661,000       
      financing activities
    		                     
      proceeds from at-the-market equity offering, net of costs
    		          156,029,000  45,230,000 3,202,000 27,027,000       
      proceeds from abg profit participation arrangement
    		           0 0 0 1,353,000 854,000 1,666,000     
      proceeds from issuance of registered offering, net of issuance costs
    		           0 0 0 85,465,000       
      payment of abg finance liability
    		          -375,000 0 -500,000 0 -1,000,000       
      proceeds from exercise of warrants
    		          76,106,000           
      proceeds from exercise of stock options
    		          6,117,000 5,495,000 480,000 3,714,000 1,813,000 573,000 471,000 3,483,000 931,000   
      payment of obligations under finance lease
    		            -103,000 -101,000 -105,000       
      payment on the settlement of stock options
    		          -2,487,000 -119,000 -198,000 -198,000 -748,000       
      proceeds from issuance of senior facility, net of transaction costs
    		           0 0 0 46,395,000       
      repayment of senior facility
    		          -1,309,000 0 0 -1,191,000 -414,000       
      effect of foreign currency translation on cash and cash equivalents
    		          5,664,000 4,433,000 -498,000 5,597,000 -10,437,000 6,177,000 -491,000 -147,000 543,000   
      cash and cash equivalents
    		                     
      increase in cash and cash equivalents
    		          226,668,000 34,497,000 17,994,000 -36,779,000 77,199,000 -3,368,000 -84,392,000 -109,654,000 -193,050,000   
      gain on sale of short-term investment
    		                     
      income from equity investments measured at fair value
    		           3,011,000          
      income from sale of investment
    		           2,375,000 0 0 65,000       
      non-cash interest expenses
    		                     
      benefit from doubtful accounts
    		                 259,000 536,000   
      gain on disposal of property and equipment
    		                     
      gain on convertible debt
    		                     
      accrued expenses and other liabilities
    		                     
      business combinations, net of cash acquired
    		                     
      investment in abg profit participation arrangement
    		               0 0 0 -33,333,000   
      purchases of short-term and other investments
    		                     
      proceeds from sales and maturities of short-term investments
    		               1,374,992,000      
      purchases of intangible assets
    		               -3,934,000 -574,000 -275,000 -92,000 -3,425,000 -131,000 
      proceeds from at-the market equity offering, net of costs
    		                     
      payment under privateer holdings debt facilities
    		                     
      advances under privateer holdings debt and construction facilities
    		                     
      proceeds from preferred shares - series a, net of transaction costs
    		                     
      payment of mortgage debt
    		                     
      proceeds from issuance of convertible notes, net of issuance costs
    		                     
      proceeds from issuance of common stock pursuant to ipo
    		                   7,000  
      foreign currency loss
    		                     
      investment in equity method investees and s&s acquisition
    		                     
      interest receipts on debt securities
    		            0         
      investment in joint venture with ab inbev
    		            -1,415,000         
      gain from equity investments measured at fair value
    		             -767,000 1,534,000       
      taxes receivable
    		                     
      other liabilities
    		                     
      depreciation and amortization expense
    		                4,686,000 2,985,000 2,770,000   
      stock-based compensation expense
    		                8,315,000 7,585,000 5,306,000 4,111,000 11,245,000 
      other operating activities
    		                     
      other receivables
    		                -1,691,000   3,654,000 -852,000 
      prepaid expenses and other current assets
    		                -22,644,000 -29,820,000 -2,143,000 2,098,000 -3,653,000 
      acquisition of manitoba harvest, net of cash acquired
    		                -41,672,000 -274,000 -109,057,000   
      acquisition of natura, net of cash acquired
    		                0 0 -15,083,000   
      purchases of short-term and non-current investments
    		                -106,000 -5,466,000 -2,914,000   
      disposals of property and equipment
    		                     
      repayment under privateer debt facilities
    		                     
      advances under privateer debt and construction facilities
    		                     
      proceeds from preferred shares - series a
    		                     
      minimum lease payments under capital lease
    		                -188,000 -190,000 -187,000   
      supplemental disclosure for cash flow information
    		                     
      cash paid for interest
    		                5,834,000 11,706,000 73,000 259,000 357,000 
      non-cash investing activities
    		                     
      acquisition of manitoba harvest
    		                -37,490,000 0 195,407,000   
      acquisition of natura
    		                0 0 38,980,000   
      investment in abg profit participation arrangement, net of receivable
    		                0 0 94,805,000   
      purchases of investments and s&s acquisition
    		                     
      inventory write-downs
    		                   103,000 54,000 
      non-cash interest expense
    		                   5,206,000 -46,000 
      due to related parties
    		                 -72,000 -780,000   
      proceeds from sale and maturities of short-term investments
    		                     
      proceeds from issuance of convertible preferred stock
    		                     
      acquisition of investments
    		                     
      non-cash interest income
    		                  -322,000   
      increase in deposits and other assets
    		                     
      proceeds from maturities of short-term investments
    		                    0 
      repayment under privateer holdings debt facilities
    		                   0  
      advances under privateer holdings construction facilities
    		                     
      non-cash financing activities
    		                     
      shares issued for employee compensation
    		                  649,000   
      foreign currency gain
    		                   5,618,000 -1,591,000 
      benefit from doubtful accounts and returns
    		                     
      depreciation and amortization
    		                   1,010,000 1,404,000 
      (gain) loss on disposal of property and equipment
    		                     
      loss on sale of investment
    		                     
      amortization of discount on convertible senior notes due 2023
    		                     
      decrease (increase) in deposits and other assets
    		                     
      proceeds from sale of short-term investments
    		                     
      advances under privateer holdings debt facilities
    		                   -247,000  
      repayment of mortgage debt
    		                     
      proceeds from mortgage debt
    		                     
      payments on long-term debt
    		                     
      long-term debt financing costs
    		                     
      proceeds from issuance of convertible senior notes due 2023, net of issuance costs
    		                     
      payment of costs from issuance of common stock pursuant to ipo
    		                   0  
      effect of foreign currency translation on cash, cash equivalents and restricted cash
    		                     
      cash, cash equivalents and restricted cash
    		                     
      increase in cash, cash equivalents and restricted cash
    		                     
      cash, cash equivalents and restricted cash, end of period
    		                     
      capital lease obligation
    		                     
      conversion of preferred stock to common stock
    		                     
      non-cash investing
    		                     
      addition to property and equipment under capital lease
    		                     
      alef acquisition
    		                     
      (gain) loss on disposal of property, plant and equipment
    		                     
      purchases of short-term investments
    		                    -14,667,000 
      proceeds from sales of short-term investments
    		                    0 
      purchases of property, plant and equipment
    		                    -9,839,000 
      dispositions of property, plant and equipment
    		                    23,000 
      lease payments under capital lease
    		                     
      effect of foreign currency translation on cash
    		                    3,401,000 
      loss on disposal of property, plant, and equipment
    		                     
      advances under privateer holdings credit facility
    		                     
      advances under privateer holdings construction facility
    		                     
      cash
    		                     
      increase in cash
    		                     
      cash, beginning of period
    		                     
      cash, end of period
    		                     
      1.
    		                     
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.