| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -20,300,000 | -20,372,228 | -26,298,861 | -21,442,819 |
| Non-cash amortization of inventory step up included in product costs | 200,000 | 1,255,533 | 12,397,641 | 4,152,108 |
| Purchase of marketable securities | NaN | 7,716 | 8,048 | 1,004,479 |
| Inventory valuation adjustments | 300,000 | 655,969 | 996,485 | 206,851 |
| Change in assets and liabilities held for sale | NaN | NaN | -1,272,007 | -4,688,713 |
| Depreciation | 1,100,000 | 10,320,310 | 552,589 | 464,698 |
| Depreciation capitalized into inventory | 2,900,000 | 1,594,690 | 1,788,772 | 1,388,536 |
| Amortization of intangible assets capitalized into inventory | NaN | 34,293 | 24,687 | 40,136 |
| Non-cash operating lease expense | 1,100,000 | 1,347,049 | 568,203 | 524,882 |
| Amortization of intangible assets | 2,700,000 | 3,323,066 | 1,530,230 | 894,355 |
| Stock-based compensation | 7,000,000 | 3,484,852 | 4,006,718 | 5,455,137 |
| Accounts payable and accrued liabilities | NaN | 10,083,499 | -18,609,415 | -191,031 |
| Accretion of interest on right-of-use finance lease liabilities | NaN | 415,285 | 57,016 | 103,376 |
| Non-cash gain on legal settlement | NaN | 8,172,587 | NaN | NaN |
| Loss (gain) on disposal of assets | NaN | -92,075 | 869,657 | -5,844 |
| Warrants held | 800,000 | -351,588 | -60,663 | 998,524 |
| Derivative (gain) loss | 100,000 | -12,033 | -160,778 | NaN |
| Loss on extinguishment of debt | NaN | 0 | -4,911,988 | NaN |
| Loss on impairment of long-lived assets | NaN | 2,600,000 | NaN | NaN |
| Interest expense | 1,100,000 | 834,529 | 590,240 | 2,483,994 |
| Bad debt expense | 100,000 | 291,825 | 229,174 | 84,444 |
| (gain) loss on change in the fair value of contingent consideration | 5,500,000 | 9,617,000 | NaN | NaN |
| Accounts receivable | 1,100,000 | 1,871,415 | 1,878,179 | 2,314,274 |
| Prepaid expenses | 2,000,000 | -1,176,233 | 1,266,286 | -312,788 |
| Inventory | 2,200,000 | 6,308,228 | 3,673,466 | -1,276,738 |
| Income taxes | -4,500,000 | 721,183 | -10,345,439 | 1,513,207 |
| Deferred income tax expense (benefit) | 2,200,000 | 13,406,000 | NaN | NaN |
| Uncertain tax position liabilities | 13,800,000 | 19,066,000 | 8,969,000 | 5,442,000 |
| Changes in operating lease liabilities | -1,300,000 | -1,285,746 | -997,728 | -831,317 |
| Net cash provided by (used in) operating activities | 11,900,000 | 18,655,743 | -6,792,823 | -8,151,429 |
| Purchases of property, plant, and equipment | 10,800,000 | 9,862,144 | 13,657,420 | 4,804,492 |
| Acquisition net of cash-Wholesomeco Inc | NaN | 0 | 0 | 7,025,811 |
| Acquisition net of cash-Deep Roots Holdings Inc. | NaN | 150 | 345,239 | 19,037,368 |
| Acquisition net of cash-Proper Holdings Management Inc.And Ngh Investments Inc. | NaN | 0 | 652,899 | 12,298,303 |
| Acquisition of schwazze, net of cash received | -18,200,000 | NaN | NaN | NaN |
| Capitalized software development costs | 500,000 | 427,006 | 737,445 | 328,166 |
| Proceeds from sale of assets held for sale | NaN | 250,000 | NaN | NaN |
| Deposits | -1,100,000 | 395,384 | 347,464 | 290,798 |
| Net cash provided by (used in) investing activities | 8,000,000 | -9,421,857 | -14,756,718 | 32,938,026 |
| Proceeds from long-term debt, net of issuance costs | NaN | -750,000 | 147,049,514 | -260,000 |
| Proceeds from warrant exercises | NaN | 0 | 0 | 38,516 |
| Proceeds from option exercises | NaN | 30,831 | 10,276 | 80,614 |
| Debt principal payments | 4,500,000 | 3,559,087 | 114,160,384 | 10,061,221 |
| Lease principal payments | 100,000 | NaN | NaN | NaN |
| Net cash provided by (used in) financing activities | -4,600,000 | -4,278,256 | 32,899,406 | -10,202,091 |
| Net change in cash | 15,300,000 | 4,955,630 | 11,349,865 | 14,584,506 |
| Cash and restricted cash, beginning of period | 122,500,000 | 117,539,341 | 91,604,970 | NaN |
| Cash and restricted cash, end of period | 137,800,000 | 122,494,971 | 117,539,341 | NaN |
Vireo Growth Inc. (VREOF)
Vireo Growth Inc. (VREOF)