iAnthus Capital Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	11.14	11.65	18.54	13.1	14.34	13.24
Cash & Short-Term Investments	11.14	11.65	18.54	13.1	14.34	13.24
Cash Growth	-54.06%	-37.17%	41.51%	-8.59%	8.24%	20.24%
Accounts Receivable	6.75	6.43	5.54	4.61	4	3.6
Receivables	6.75	6.43	5.54	4.61	4	3.6
Inventory	24.55	22.25	22.47	25.38	29.8	28.69
Prepaid Expenses	3.26	3.54	2.32	2.1	2.22	3.18
Restricted Cash	0.07	0.22	0.56	0.07	0.07	3.33
Other Current Assets	4.23	4.64	25.22	0.24	0.2	1.6
Total Current Assets	50	48.73	74.64	45.51	50.62	53.65
Property, Plant & Equipment	135.11	134.17	111.5	121.38	131.72	143.06
Long-Term Investments	0.88	0.84	0.86	0.74	0.23	0.57
Goodwill	1.56	1.56	6.15	-	-	-
Other Intangible Assets	65.24	67.48	72.86	105.37	117.05	139.06
Other Long-Term Assets	3.06	3.21	5.03	4.41	3.85	4.1
Total Assets	255.84	255.99	271.04	277.41	303.47	344.99
Accounts Payable	16.71	16.27	12.83	14.4	10.69	13.64
Accrued Expenses	48.12	45.05	53.52	102.96	73.12	98.93
Current Portion of Long-Term Debt	-	-	0.07	0.06	0.05	165.38
Current Portion of Leases	7.04	7.2	6.53	7.72	7.79	7.34
Other Current Liabilities	-	-	2.35	0.3	0.92	0.02
Total Current Liabilities	71.88	68.51	75.29	125.43	92.57	285.31
Long-Term Debt	198.73	193.99	182.26	165.22	147.26	28
Long-Term Leases	26.41	26.78	21.6	28.01	28.84	27.81
Long-Term Deferred Tax Liabilities	-	-	-	20.41	23.82	27.51
Other Long-Term Liabilities	75.66	69.75	57.43	-	-	-
Total Liabilities	372.69	359.03	336.59	339.07	292.48	368.63
Additional Paid-In Capital	1,273	1,272	1,270	1,266	1,262	776.46
Retained Earnings	-1,390	-1,375	-1,335	-1,328	-1,251	-801.63
Comprehensive Income & Other	-	-	-	-	-	1.53
Shareholders' Equity	-116.85	-103.04	-65.54	-61.67	10.99	-23.64
Total Liabilities & Equity	255.84	255.99	271.04	277.41	303.47	344.99
Total Debt	232.19	227.96	210.46	201	183.94	228.54
Net Cash (Debt)	-221.05	-216.31	-191.92	-187.9	-169.6	-215.29
Net Cash Per Share	-0.03	-0.03	-0.03	-0.03	-0.05	-1.25
Filing Date Shares Outstanding	6,973	6,973	6,746	6,615	6,403	171.72
Total Common Shares Outstanding	6,973	6,859	6,678	6,511	6,403	171.72
Working Capital	-21.88	-19.78	-0.66	-79.92	-41.94	-231.66
Book Value Per Share	-0.02	-0.02	-0.01	-0.01	0.00	-0.14
Tangible Book Value	-183.64	-172.07	-144.55	-167.04	-106.06	-162.7
Tangible Book Value Per Share	-0.03	-0.03	-0.02	-0.03	-0.02	-0.95
Land	-	2.72	2.72	2.89	3.64	4.29
Buildings	-	79.96	71.87	74.92	75.36	73.62
Machinery	-	21.03	12.65	16.33	15.16	17.59
Construction In Progress	-	4.91	5.86	3.72	4.34	2.29
Leasehold Improvements	-	50.14	41.44	47.69	45.85	49.85

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