TerrAscend 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	Jun '26 Jun 30, 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	42.03	37.41	26.38	22.24	26.16	79.64
Short-Term Investments	0.09	0.36	1.73	1.91	3.6	-
Cash & Short-Term Investments	42.12	37.78	28.11	24.15	29.75	79.64
Cash Growth	52.24%	34.40%	16.37%	-18.82%	-62.64%	34.47%
Accounts Receivable	16.32	15.14	18.69	17.49	4.23	11.8
Other Receivables	-	1.76	1.53	1.56	18.21	0.7
Receivables	16.32	16.9	20.22	19.05	22.44	12.5
Inventory	39.18	34.05	39.67	51.68	46.34	36.09
Prepaid Expenses	15.84	8.56	5.12	4.9	5.51	5.03
Restricted Cash	-	0.11	0.61	3.11	0.61	-
Other Current Assets	-	12.71	83.16	-	17.35	39.23
Total Current Assets	113.46	110.11	176.89	102.89	121.99	172.49
Property, Plant & Equipment	150.28	156.62	152.92	239.66	245.26	141.61
Goodwill	113.89	109.77	106.93	106.93	90.33	90.33
Other Intangible Assets	175.34	167.31	169.6	215.85	239.7	168.43
Other Long-Term Assets	0.73	13.57	0.89	1.19	4.3	9.08
Total Assets	553.71	557.38	607.23	666.52	701.59	581.94
Accounts Payable	40.13	35.27	36.61	46.03	43.64	27.92
Accrued Expenses	-	4.54	3.74	3.87	0.64	-
Short-Term Debt	-	-	-	11.85	9.33	2.25
Current Portion of Long-Term Debt	14.05	15.68	6.76	125.89	39	6.08
Current Portion of Leases	1.12	1.51	1.32	3.27	2.38	1.19
Current Income Taxes Payable	2.29	5.36	11.53	4.78	23.08	9.62
Current Unearned Revenue	4.41	3.99	3.58	4.15	2.94	1.07
Other Current Liabilities	-	13.58	27.51	7.16	16.89	18.05
Total Current Liabilities	62	79.93	91.05	207	137.91	66.19
Long-Term Debt	199.5	210.74	192.58	68.9	145.85	171.16
Long-Term Leases	28.95	28.56	30.66	45.79	49.46	30.75
Long-Term Deferred Tax Liabilities	11.9	8.03	8.43	17.18	30.7	14.27
Other Long-Term Liabilities	167.32	131.11	107.7	86.91	16.5	70.61
Total Liabilities	469.66	458.36	430.42	425.78	380.42	352.98
Additional Paid-In Capital	959.97	960.24	952.46	944.86	934.97	535.42
Retained Earnings	-882.96	-864.74	-778.51	-704.16	-618.26	-314.65
Comprehensive Income & Other	2.61	1.99	3.01	1.8	2.09	2.82
Total Common Equity	79.62	97.49	176.96	242.5	318.8	223.59
Minority Interest	4.43	1.54	-0.14	-1.76	2.37	5.37
Shareholders' Equity	84.04	99.02	176.82	240.74	321.17	228.95
Total Liabilities & Equity	553.71	557.38	607.23	666.52	701.59	581.94
Total Debt	243.61	256.49	231.32	255.7	246.02	211.44
Net Cash (Debt)	-201.5	-218.71	-203.21	-231.55	-216.27	-131.79
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.66	-0.73	-0.70	-0.83	-0.89	-0.63
Filing Date Shares Outstanding	309.18	308.53	293.12	291.22	273.4	251.86
Total Common Shares Outstanding	309.18	308.53	293.23	288.33	259.62	190.93
Working Capital	51.47	30.18	85.84	-104.11	-15.91	106.3
Book Value Per Share	0.26	0.32	0.60	0.84	1.23	1.17
Tangible Book Value	-209.61	-179.6	-99.57	-80.29	-11.24	-35.16
Tangible Book Value Per Share	-0.68	-0.58	-0.34	-0.28	-0.04	-0.18
Land	-	3.58	3.24	6.1	6.51	3.4
Buildings	-	138.44	123.57	151.99	154.74	89.7
Machinery	-	30.05	28.94	44.44	38.55	21.92
Construction In Progress	-	0.29	1.96	24.21	28.42	6.86