TILT Holdings Inc. (NEO: TILT)

TILT Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.61	2.03	2.2	4.22	8.86	2.58
Cash & Short-Term Investments	2.61	2.03	2.2	4.22	8.86	2.58
Cash Growth	75.57%	-7.63%	-47.83%	-52.35%	243.37%	-97.35%
Accounts Receivable	10.33	17.92	26.7	32.39	14.57	19.74
Receivables	10.33	17.92	27.21	34.85	17.23	22.14
Inventory	22.92	32.91	52.91	55.58	63.84	56.75
Prepaid Expenses	2.59	2.12	1.98	2.73	4.56	6.86
Restricted Cash	1.3	1.3	1.3	2.73	-	-
Other Current Assets	-	-	0.33	0.5	7.41	6.38
Total Current Assets	39.76	56.27	85.93	100.61	101.89	94.71
Property, Plant & Equipment	45.41	65.72	73.03	72.78	77.98	103.47
Long-Term Investments	-	0	6.4	6.7	1.19	1
Goodwill	17.72	17.72	20.75	70.55	88.42	138.35
Other Intangible Assets	75.09	84.8	102.71	128.77	138.64	186.69
Long-Term Deferred Tax Assets	0.52	3.66	-	-	7.01	-
Other Long-Term Assets	3.16	1.95	1.45	0.27	-	-
Total Assets	182.59	231.19	293.98	381.35	429.6	545.9
Accounts Payable	45.49	46.33	49.26	37.78	31.82	37.19
Accrued Expenses	1.97	1.53	4.61	5.7	-	-
Short-Term Debt	-	-	2.8	2.8	-	2.43
Current Portion of Long-Term Debt	28.06	17.05	59.38	40.76	4.67	0.9
Current Portion of Leases	1.25	1.28	1.21	1.69	1.62	2.39
Current Income Taxes Payable	2.5	2.56	0.98	-	0.08	2.37
Current Unearned Revenue	3.73	6.08	5.76	5.18	6.31	5.09
Other Current Liabilities	0.44	1.24	1.5	5.6	-	-
Total Current Liabilities	83.44	76.07	125.5	99.5	44.49	50.37
Long-Term Debt	37.92	35.11	0.35	45.86	67.08	64.81
Long-Term Leases	56.3	56.56	44.97	10.25	11.65	22.32
Long-Term Deferred Tax Liabilities	-	-	1.37	0.09	23.34	24.55
Other Long-Term Liabilities	0.54	1.06	0.27	-	-	-
Total Liabilities	178.19	168.8	172.46	155.68	146.56	162.04
Common Stock	856.56	856.42	858.14	854.95	851.85	849.7
Additional Paid-In Capital	226.11	225.25	225.13	224.84	216.11	101.65
Retained Earnings	-1,084	-1,026	-963.7	-856.25	-800.07	-694.32
Comprehensive Income & Other	6.07	6.81	1.78	1.95	15.16	126.84
Total Common Equity	4.4	62.39	121.35	225.49	283.05	383.87
Minority Interest	-	-	0.17	0.18	-	-
Shareholders' Equity	4.4	62.39	121.52	225.67	283.05	383.87
Total Liabilities & Equity	182.59	231.19	293.98	381.35	429.6	545.9
Total Debt	123.53	109.99	108.71	101.35	85.01	92.84
Net Cash (Debt)	-120.92	-107.96	-106.5	-97.12	-76.15	-90.26
Net Cash Per Share	-0.31	-0.28	-0.28	-0.26	-0.21	-0.25
Filing Date Shares Outstanding	390.79	384.83	377.6	374.27	323.26	307.37
Total Common Shares Outstanding	390.56	384.83	377.52	374.08	323.26	307.37
Working Capital	-43.69	-19.8	-39.57	1.12	57.4	44.34
Book Value Per Share	0.01	0.16	0.32	0.60	0.88	1.25
Tangible Book Value	-88.41	-40.13	-2.11	26.18	55.99	58.83
Tangible Book Value Per Share	-0.23	-0.10	-0.01	0.07	0.17	0.19
Land	5.01	6.27	6.43	0.17	0.17	0.17
Buildings	51.87	51.88	60.18	15.04	14.78	18.78
Machinery	14.57	14.28	14.74	13.45	12.51	10.4
Construction In Progress	0.26	0.31	0.61	3.39	6.94	8.78
Leasehold Improvements	10.43	10.38	9.96	46.59	39.66	45.8

Source: S&P Capital IQ. Standard template. Financial Sources.