CBSTF · As filed with the SEC

Cannabist Co Holdings balance sheet, by quarter

The statement as Cannabist Co Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS · USD thousands

USD thousands	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024
Assets
Current assets:
Cash	17,761	15,456	18,936	33,607
Accounts receivable, net of credit loss allowance of $7,907 and $6,754, respectively	15,431	19,207	18,692	21,688
Inventory	66,832	70,905	90,688	94,516
Prepaid expenses and other current assets	14,255	13,310	11,775	11,794
Notes receivable	500	571	15,038	15,614
Assets held for sale	29,954	48,709	31,390	17,778
Total current assets	144,733	168,158	186,519	194,997
Property and equipment, net	209,043	212,442	218,459	228,396
Right of use assets - operating leases, net	96,827	98,208	111,686	124,739
Right of use assets - finance leases, net	21,121	22,481	23,854	25,515
Intangible assets, net	39,309	41,487	48,035	51,249
Investments	10,576	3,860	6,073	11,880
Deferred income tax assets	0	331	33,531	32,025
Notes receivable	2,000	3,977	7,389	11,958
Other non-current assets	12,900	12,894	13,233	15,414
Total assets	536,509	563,838	648,779	696,173
Liabilities and Equity
Current liabilities:
Accounts payable	24,264	28,835	28,832	41,125
Accrued expenses and other current liabilities	24,848	18,551	28,332	32,839
Income tax payable	86,973	87,606	88,834	87,333
Current portion of lease liabilities - operating leases	6,946	6,748	7,161	7,386
Current portion of lease liabilities - finance leases	3,954	4,027	4,347	4,910
Current portion of long-term debt, net	594	754	54,146	52,461
Liabilities held for sale	14,550	32,486	16,230	2,656
Total current liabilities	162,129	179,007	227,882	228,710
Long-term debt, net	298,658	297,704	248,460	249,512
Long-term lease liabilities - operating leases	97,936	99,287	113,348	126,215
Long-term lease liabilities - finance leases	34,960	35,978	36,958	37,937
Derivative liabilities	980	980	621	621
Other long-term liabilities	94,795	89,728	83,483	83,237
Total liabilities	689,458	702,684	710,752	726,232
Commitments and contingencies	0	0	0	0
Stockholders' Equity:
Common Stock, no par value, unlimited shares authorized as of September 30, 2025 and December 31, 2024, respectively, 491,976,807 and 465,638,304 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	0	0	0	0
Preferred Stock, no par value, unlimited shares authorized as of September 30, 2025 and December 31, 2024, respectively, none issued and outstanding as of September 30, 2025 and December 31, 2024	0	0	0	0
Proportionate voting shares, no par value, unlimited shares authorized as of September 30, 2025 and December 31, 2024, respectively, 7,387,328 and 7,387,328 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	0	0	0	0
Additional paid-in-capital	1,158,164	1,157,612	1,157,099	1,156,807
Accumulated deficit	(1,309,847)	(1,295,586)	(1,217,705)	(1,185,501)
Equity attributable to The Cannabist Company Holdings Inc.	(151,683)	(137,974)	(60,606)	(28,694)
Non-controlling interest	(1,266)	(872)	(1,367)	(1,365)
Total equity	(152,949)	(138,846)	(61,973)	(30,059)
Total liabilities and equity	536,509	563,838	648,779	696,173

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.