For the quarter ending 2026-03-31, AAWH had -$24,756K decrease in cash & cash equivalents over the period. -$24,591K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -29,493 | -48,703 | -25,825 | -43,665 |
| Depreciation and amortization | 18,280 | 20,529 | 16,771 | 36,230 |
| Amortization of operating lease assets | 765 | 512 | 359 | 1,194 |
| Non-cash interest expense | 1,256 | 1,255 | 1,251 | 2,667 |
| Equity-based compensation expense | 450 | 501 | 806 | 1,139 |
| Deferred income taxes | -2,387 | 737 | -3,060 | -5,664 |
| (gain) loss on sale of assets | 137 | 0 | 0 | -55 |
| Other | 744 | 2,580 | 7,103 | 7,204 |
| Accounts receivable | -601 | -1,822 | -191 | -5,907 |
| Inventory | 1,806 | 2,931 | 5,482 | 2,302 |
| Other current assets | 641 | 2,648 | -3,126 | 2,807 |
| Other non-current assets | -10 | -127 | 132 | -42 |
| Accounts payable and accrued liabilities | -23,145 | 25,835 | -9,087 | 386 |
| Other current liabilities | 1,938 | 1,737 | -1,821 | 679 |
| Lease liabilities | -635 | -748 | -772 | -1,910 |
| Income taxes payable | 14,789 | 15,711 | 14,569 | 24,585 |
| Net cash (used in) provided by operating activities | -19,411 | 16,316 | -2,003 | 23,740 |
| Additions to capital assets | 5,180 | 6,894 | 6,449 | 12,666 |
| Investments in notes receivable | - | 64 | 285 | 0 |
| Collection of notes receivable | 3,027 | 82 | 4,181 | 164 |
| Proceeds from sale of assets | 1,000 | 0 | 0 | 27 |
| Payments for acquisition of businesses and related deposits, net of cash acquired | 3,200 | 2,437 | 5,984 | 3,461 |
| Purchase of intangible assets | 400 | 7,450 | 4,000 | 500 |
| Net cash used in investing activities | -4,753 | -16,763 | -12,537 | -16,436 |
| Proceeds from issuance of common stock in private placement | - | 0 | - | - |
| Proceeds from issuance of debt | 0 | 0 | 9,345 | 63,067 |
| Repurchase of common stock and warrants | - | 2,311 | - | - |
| Repayments of debt | 47 | 26 | 1,627 | 60,335 |
| Payment of contingent consideration | - | 0 | 0 | 819 |
| Debt issuance costs | 0 | 25 | 102 | 360 |
| Repayments under finance leases | 226 | 447 | 548 | 847 |
| Taxes withheld under equity-based compensation plans, net | 346 | 0 | 0 | 0 |
| Repurchase of common stock | -1,580 | - | 586 | 994 |
| Distributions to non-controlling interests | - | 0 | 0 | - |
| Proceeds from the exercise of stock options | 27 | 80 | 60 | - |
| Net cash (used in) provided by financing activities | -592 | -1,149 | 6,542 | -288 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -24,756 | -1,596 | -7,998 | 7,016 |
| Cash, cash equivalents, and restricted cash at beginning of period | 85,676 | 87,272 | 88,254 | - |
| Cash, cash equivalents, and restricted cash at end of period | 60,920 | 85,676 | 87,272 | - |
Ascend Wellness Holdings, Inc. (AAWH)
Ascend Wellness Holdings, Inc. (AAWH)