TSNDF · XBRL financial data

TerrAscend financial statements, every fiscal year

The same tables from 4 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TSNDF's year ends in late December)

In thousands of dollars	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	247,829	317,328	306,677	260,558
Cost of revenue	146,325	157,630	156,717	124,234
Gross profit	101,504	159,698	149,960	136,324
Selling, general and administrative	115,588	115,189	—	—
General and administrative	115,588	115,189	111,596	86,240
Total operating expenses	437,419	182,694	167,066	94,303
Other operating income (expense)	—	1,255	1,198	(33)
Operating income (loss)	(335,915)	(22,996)	(17,106)	42,021
Interest expense	26,840	31,104	27,495	28,826
Other income (expense)	206	301	1,032	888
Income tax expense (benefit)	(10,783)	23,453	20,438	29,466
Net income (loss)	(325,351)	(86,730)	(72,670)	(81,331)
Earnings per share, basic USD per share	(1.35)	(0.35)	(0.28)	(0.29)
Earnings per share, diluted USD per share	(1.35)	(0.35)	(0.28)	(0.29)
Weighted average shares, basic thousands of shares	244,351	279,286	291,514	301,083
Weighted average shares, diluted thousands of shares	244,351	279,286	291,514	301,083

Fiscal years (TSNDF's year ends in late December)

In thousands of dollars	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	26,158	22,241	26,381	37,414
Short-term investments	3,595	1,913	1,727	362
Accounts receivable	22,443	19,048	20,880	16,898
Inventory	46,335	51,683	48,799	34,054
Prepaid and other current assets	4,937	4,898	6,040	8,557
Total current assets	121,993	102,889	104,433	110,108
Property and equipment, net	215,812	196,215	184,019	129,932
Right-of-use asset	29,451	43,440	41,355	26,691
Goodwill	90,328	106,929	106,929	109,770
Total assets	701,587	666,518	607,230	557,379
Current portion of long-term debt	39,002	125,888	—	—
Total current liabilities	137,905	207,000	78,529	79,931
Lease liability, non-current	31,545	45,384	42,469	28,555
Total liabilities	380,416	425,778	430,414	458,358
Accumulated deficit	(618,260)	(704,162)	(778,514)	(864,742)
Total liabilities and equity	701,587	666,518	607,230	557,379
Common shares outstanding (cover page) thousands of shares	273,403	291,216	293,116	308,533

Fiscal years (TSNDF's year ends in late December)

In thousands of dollars	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(325,351)	(86,730)	(72,670)	(81,331)
Stock-based compensation	12,162	7,707	9,706	5,007
Net cash from operating activities	(26,123)	27,471	37,950	21,528
Purchases of property and equipment	39,631	7,762	9,362	8,614
Net cash from investing activities	(27,579)	(16,219)	(12,247)	(14,607)
Share repurchases	—	—	215	410
Proceeds from long-term debt	43,419	23,869	129,382	78,944
Repayments of long-term debt	42,221	50,154	146,159	70,490
Net cash from financing activities	3,719	(12,500)	(24,716)	4,188

SIC 100 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 100 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
TerrAscend	42,026	67,119	6,579*	309.2M	—	Q2 FY26 10-QJun 30, 2026
ESG	161	0.9	651*	15.6M	—	Q2 FY26 10-QJun 30, 2026
Planet 13 Holdings	6,581	22,859	602*	335.3M	—	Q2 FY26 10-QJun 30, 2026
Local Bounti	3,629	13,850	(7,367)*	23.4M	0.5 quarters	Q2 FY26 10-QJun 30, 2026
Grown Rogue International	11,533	11,274	1,713*	249.9M	—	Q2 FY26 10-QJun 30, 2026
Cannabist Co Holdings	20,900	79,912	(24,594)*	497.5M	0.8 quarters	Q3 FY25 10-QSep 30, 2025
Village Farms International	72,931	63,977	not reported	122.3M	—	Q2 FY26 10-QJun 30, 2026
Verano Holdings	102,054	212,443	48,692*	72.9M	—	Q3 FY26 10-QSep 30, 2026
Charlotte's Web Holdings	13,988	10,855	(926)*	271.3M	15.1 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.