Ascend Wellness Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	85.68	88.25	72.51	74.15	155.48
Short-Term Investments	1.46	4.71	9.3	3.17	5.18
Cash & Short-Term Investments	87.13	92.96	81.81	77.32	160.66
Cash Growth	-6.27%	13.63%	5.81%	-51.88%	165.25%
Accounts Receivable	27.02	36.54	28.3	14.1	7.61
Receivables	27.37	40.64	41.41	17.69	12.27
Inventory	84.71	89.55	95.29	97.53	65.59
Prepaid Expenses	7.26	5.5	7.27	4.77	7.51
Other Current Assets	2.48	0.73	3.07	1.44	11.99
Total Current Assets	208.95	229.38	228.86	198.74	258.01
Property, Plant & Equipment	429.47	399.53	398.64	388.67	343.61
Goodwill	58.45	49.6	47.54	44.37	42.97
Other Intangible Assets	196.07	205.5	221.45	221.09	59.27
Other Long-Term Assets	14.81	12.76	19.21	15.27	15.39
Total Assets	907.93	900.43	919.55	872.16	723.44
Accounts Payable	20.91	26.41	34.69	17.07	5.54
Accrued Expenses	28.62	22.04	21.31	8.65	11.95
Current Portion of Long-Term Debt	7.44	71.5	10.65	11.12	27.94
Current Portion of Leases	8.62	7.85	4.16	2.84	2.67
Current Income Taxes Payable	1.08	0.7	-	34.68	36.18
Current Unearned Revenue	1.13	1.39	1.32	0.67	0.52
Other Current Liabilities	41.21	14.65	20.57	35.92	32.61
Total Current Liabilities	109.01	144.54	92.69	110.95	117.4
Long-Term Debt	47.29	212.4	296.37	318.6	230.85
Long-Term Leases	566.27	289.36	262.28	230.51	197.3
Long-Term Deferred Tax Liabilities	21.52	23.44	35.75	33.61	1.42
Other Long-Term Liabilities	210.46	158.89	89.6	15.08	-
Total Liabilities	954.55	828.63	776.68	708.75	546.96
Common Stock	0.2	0.21	0.21	0.19	0.17
Additional Paid-In Capital	470.91	471.13	458.03	430.38	362.56
Retained Earnings	-518.55	-400.36	-315.36	-267.15	-186.25
Total Common Equity	-47.44	70.98	142.87	163.42	176.48
Minority Interest	0.82	0.82	-	-	-
Shareholders' Equity	-46.62	71.8	142.87	163.42	176.48
Total Liabilities & Equity	907.93	900.43	919.55	872.16	723.44
Total Debt	629.63	581.11	573.46	563.08	458.75
Net Cash (Debt)	-542.5	-488.15	-491.65	-485.76	-298.09
Net Cash Per Share	-2.67	-2.30	-2.47	-2.65	-1.99
Filing Date Shares Outstanding	202.27	204.63	209.49	188.83	173.37
Total Common Shares Outstanding	202.22	205.03	206.88	188.06	171.59
Working Capital	99.94	84.84	136.17	87.79	140.62
Book Value Per Share	-0.23	0.35	0.69	0.87	1.03
Tangible Book Value	-301.97	-184.12	-126.12	-102.05	74.24
Tangible Book Value Per Share	-1.49	-0.90	-0.61	-0.54	0.43
Land	5.78	5.78	5.24	6.51	1.3
Buildings	213.78	84.71	72.2	71.95	45.66
Machinery	92.17	78.78	71.47	63.97	49.06
Construction In Progress	9.63	5.56	6.51	9.63	60.99
Leasehold Improvements	219.39	202.55	192.81	174.1	103.98

Source: S&P Global Market Intelligence. Standard template. Financial Sources.