TerrAscend Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	36.63	26.99	25.35	26.76	79.64	59.23
Short-Term Investments	0.99	1.73	1.91	3.6	-	-
Cash & Short-Term Investments	37.62	28.71	27.26	30.36	79.64	59.23
Cash Growth	29.74%	5.33%	-10.21%	-61.88%	34.47%	522.89%
Accounts Receivable	17.12	20.22	19.05	22.44	12.5	10.86
Total Trade Receivables	17.12	20.22	19.05	22.44	12.5	10.86
Inventory	33.94	39.67	51.68	46.34	36.09	20.56
Other Current Assets	30.69	88.28	4.9	22.86	44.26	4.9
Total Current Assets	119.37	176.89	102.89	121.99	172.49	95.55
Net Property, Plant & Equipment	153.89	152.92	239.66	245.26	141.61	133.47
Other Intangible Assets	171.56	169.6	215.85	239.7	168.43	110.71
Goodwill	109.77	106.93	106.93	90.33	90.33	72.8
Long-Term Investments	-	-	-	-	-	1.38
Other Long-Term Assets	0.68	0.89	1.19	4.3	9.08	13.34
Total Assets	555.26	607.23	666.52	701.59	581.94	427.24
Accounts Payable	35.99	40.35	49.9	44.29	27.92	27.38
Short-Term Debt	10.93	6.76	137.74	48.34	8.33	5.73
Current Portion of Leases	1.24	1.32	3.27	2.38	1.19	1.03
Unearned Revenue	3.89	3.58	4.15	2.94	1.07	0.64
Other Current Liabilities	24.27	39.04	11.94	39.97	27.68	58.71
Total Current Liabilities	76.31	91.05	207	137.91	66.19	93.48
Long-Term Debt	211.91	192.58	68.9	145.85	171.16	176.46
Long-Term Leases	30.54	30.66	45.79	38.26	30.75	23.84
Other Long-Term Liabilities	141.02	116.13	104.09	58.4	84.88	146.78
Total Long-Term Liabilities	383.47	339.37	218.78	242.51	286.79	347.08
Total Liabilities	459.78	430.42	425.78	380.42	352.98	440.56
Additional Paid-in Capital	958.93	952.46	944.86	934.97	535.42	305.14
Accumulated Other Comprehensive Income	2.17	3.01	1.8	2.09	2.82	-3.66
Retained Earnings	-867.23	-778.51	-704.16	-618.26	-314.65	-318.59
Minority Interest	1.62	-0.14	-1.76	2.37	5.37	3.8
Shareholders' Equity	95.48	176.82	240.74	321.17	228.95	-13.32
Total Liabilities & Equity	555.26	607.23	666.52	701.59	581.94	427.24
Total Debt	254.62	231.32	255.7	234.82	211.44	207.05
Net Cash (Debt)	-217	-202.61	-228.44	-204.47	-131.79	-147.83
Net Cash Per Share	-0.73	-0.69	-0.82	-0.84	-0.63	-0.99
Book Value	95.48	176.82	240.74	321.17	228.95	-13.32
Book Value Per Share	0.32	0.61	0.86	1.31	1.10	-0.09
Tangible Book Value	-185.85	-99.72	-82.04	-8.86	-29.8	-196.82
Tangible Book Value Per Share	-0.62	-0.34	-0.29	-0.04	-0.14	-1.31

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.