Glass House Brands Inc. (GLASF)

Glass House Brands Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	26.27	33.92	29.52	11.14	51.07	4.54
Cash & Short-Term Investments	26.27	33.92	29.52	11.14	51.07	4.54
Cash Growth	-18.06%	14.90%	164.94%	-78.18%	1026.00%	72.32%
Accounts Receivable	6.14	5.22	3.98	4.79	2.46	5.14
Other Receivables	1.87	1.93	-	-	-	-
Receivables	8.01	7.15	3.98	6.04	2.46	6.05
Inventory	19.38	14.25	8.84	10.95	6.53	6.87
Prepaid Expenses	20.68	7.78	3.87	7.76	5.56	1.02
Restricted Cash	-	3	3	3	3	-
Total Current Assets	74.34	66.1	49.22	38.89	68.62	18.47
Property, Plant & Equipment	228.89	222.99	226.55	227.56	198.88	29.72
Long-Term Investments	-	2.34	2.33	4.25	7.2	10.7
Goodwill	-	-	-	37.8	4.92	4.82
Other Intangible Assets	11.76	14.2	21.21	35.92	5.63	5.28
Long-Term Deferred Tax Assets	-	-	-	1.51	-	-
Other Long-Term Assets	4.83	4.87	4.47	4.69	2.34	0.55
Total Assets	319.82	310.5	303.78	350.63	287.58	69.54
Accounts Payable	4.56	8.69	5.54	6.01	4.34	2.58
Accrued Expenses	24.21	22.44	21.39	15.96	5.59	3.99
Current Portion of Long-Term Debt	0.04	7.64	7.55	0.04	0.04	0.6
Current Portion of Leases	2.02	2.45	1.84	1.14	0.27	0.33
Current Income Taxes Payable	2.41	2.41	7.88	7.6	3.81	4.74
Other Current Liabilities	-	22.84	43.16	23.25	41.19	7.37
Total Current Liabilities	33.23	66.48	87.36	54	55.24	19.6
Long-Term Debt	70.63	50.55	56.51	62.62	44.82	19.07
Long-Term Leases	4.42	8.55	9.22	10.07	2.87	2.32
Long-Term Deferred Tax Liabilities	-	-	-	-	1.28	1.42
Other Long-Term Liabilities	29.78	20.87	5.44	2.8	1.45	0.85
Total Liabilities	138.06	146.45	158.54	129.49	105.65	43.27
Additional Paid-In Capital	285.48	306.65	280.7	261.53	241.9	42.93
Retained Earnings	-204.1	-190.42	-190.94	-92.67	-59.76	-16.66
Total Common Equity	81.38	116.24	89.76	168.86	182.13	26.27
Minority Interest	100.38	47.82	55.48	52.27	-0.2	-
Shareholders' Equity	181.76	164.06	145.24	221.13	181.94	26.27
Total Liabilities & Equity	319.82	310.5	303.78	350.63	287.58	69.54
Total Debt	77.11	69.2	75.13	73.88	47.99	22.32
Net Cash (Debt)	-50.84	-35.28	-45.6	-62.73	3.08	-17.78
Net Cash Per Share	-0.63	-0.47	-0.63	-0.98	0.08	-0.84
Filing Date Shares Outstanding	80.26	77.3	71.08	69.43	56.82	238.2
Total Common Shares Outstanding	79.89	76.91	70.94	68.22	56.82	238.2
Working Capital	41.11	-0.38	-38.14	-15.11	13.38	-1.14
Book Value Per Share	1.02	1.51	1.27	2.48	3.21	0.11
Tangible Book Value	69.62	102.04	68.55	95.14	171.59	16.18
Tangible Book Value Per Share	0.87	1.33	0.97	1.39	3.02	0.07
Land	76.03	70.89	70.89	70.89	70.78	8.97
Buildings	158.57	154.04	143.21	140.04	108.02	11.21
Machinery	13.02	12.58	10.33	8.52	6.03	4.55
Construction In Progress	15.71	6.46	10.17	6.45	11.87	0.32
Leasehold Improvements	15.58	15.57	14.68	10.93	8.41	7.48

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.