VREOF: the balance sheet

MyFinsight

For the year ending 2025-12-31, VREOF has $817,154,292 in assets. $509,729,300 in debts.

Balance Sheets	2025-12-31
Cash	102,229,759
Restricted cash	20,265,212
Marketable securities	1,020,243
Accounts receivable, net of credit losses of 1,266,965 and 244,264, respectively	13,761,917
Income tax receivable	22,756,544
Inventory	59,969,928
Prepayments and other current assets	3,896,577
Warrants held	1,684,691
Notes receivable	79,226,015
Assets held for sale	300,000
Total current assets	305,110,886
Property and equipment, net	217,505,538
Operating lease, right-of-use asset	53,368,204
Intangible assets, net	117,471,678
Goodwill	87,534,561
Investments	6,000,000
Deposits	4,390,559
Indemnified tax assets	25,772,866
Total assets	817,154,292

Accounts payable and accrued liabilities	50,254,506
Convertible debt, current portion	1,300,000
Long-term debt, current portion	16,290,000
Right of use liability, current	3,556,576
Uncertain tax liability	119,954,000
Derivative liability	172,811
Total current liabilities	191,527,893
Right-of-use liability	146,308,253
Long-term debt, net	127,644,855
Convertible debt, net	8,600,000
Contingent consideration	24,448,000
Deferred tax liabilities	10,217,000
Other long-term liabilities	983,299
Total liabilities	509,729,300
Additional paid in capital	606,974,461
Accumulated deficit	-299,549,469
Total stockholders' equity	307,424,992
Total liabilities and stockholders' equity	817,154,292

Unit: Dollar.