| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash | 5,755,972 | 2,190,722 | ||
| Accounts receivable, net | 2,634,041 | 1,592,653 | ||
| Inventory, net | 3,585,165 | 3,350,889 | ||
| Prepaid expenses and deposits | 1,259,806 | 505,438 | ||
| Deferred costs and other current assets | 504,551 | 508,987 | ||
| Total current assets | 13,739,535 | 8,148,689 | ||
| Property and equipment, net | 24,980,042 | 25,041,313 | ||
| Right of use assets, net | 1,632,991 | 1,678,072 | ||
| Intangible assets, net | 1,084,859 | 1,122,199 | ||
| Assets held for sale | 400,000 | 400,000 | ||
| Other assets | 12,605 | 12,605 | ||
| Total assets | 41,850,032 | 36,402,878 | ||
| Accounts payable and other accrued liabilities | 5,210,220 | 4,768,534 | ||
| Related party payables | 1,423,902 | 1,916,770 | ||
| Current portion of notes payable | 864,557 | 1,001,395 | ||
| Current portion of related party consideration payable | 105,000 | 340,000 | ||
| Lease liabilities, short term | 167,154 | 160,285 | ||
| Taxes payable | 80,411 | 161,770 | ||
| Total current liabilities | 7,851,244 | 8,348,754 | ||
| Lease liabilities, net of current portion | 1,610,589 | 1,659,120 | ||
| Notes payable, net of current | 9,665,249 | 9,783,361 | ||
| Derivative liabilities, long term | 11,514,895 | 8,893,600 | ||
| Uncertain tax positions | 16,190,724 | 15,219,548 | ||
| Deferred tax liability | 766,796 | 766,796 | ||
| Total liabilities | 47,599,497 | 44,671,179 | ||
| Series a-1 preferred stock no par value unlimited shares authorized 10,726,579 and 0 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 2,089,483 | - | ||
| Additional paid-in capital | 132,301,294 | 131,445,688 | ||
| Accumulated other comprehensive loss | -336,879 | -336,879 | ||
| Accumulated deficit | -139,803,363 | -139,377,110 | ||
| Total equity attributable to stockholders of leef brands inc | -5,749,465 | -8,268,301 | ||
| Total stockholders deficit | -5,749,465 | -8,268,301 | ||
| Total liabilities and stockholders deficit | 41,850,032 | 36,402,878 | ||
Leef Brands Inc. (LEEEF)
Leef Brands Inc. (LEEEF)