The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -26,298,861 | -21,442,819 |
| Non-cash amortization of inventory step up included in product costs | 12,397,641 | 4,152,108 |
| Inventory valuation adjustments | 996,485 | 206,851 |
| Depreciation | 552,589 | 464,698 |
| Depreciation capitalized into inventory | 1,788,772 | 1,388,536 |
| Non-cash operating lease expense | 568,203 | 524,882 |
| Amortization of intangible assets | 1,530,230 | 894,355 |
| Amortization of intangible assets capitalized into inventory | 24,687 | 40,136 |
| Stock-based payments | 4,006,718 | 5,455,137 |
| Warrants held | -60,663 | 998,524 |
| Derivative (gain) loss | -160,778 | - |
| Loss on extinguishment of debt | -4,911,988 | - |
| Interest expense | 590,240 | 2,483,994 |
| Bad debt expense | 229,174 | 84,444 |
| Accretion of interest on right-of-use finance lease liabilities | 57,016 | 103,376 |
| Loss (gain) on disposal of assets | 869,657 | -5,844 |
| Accounts receivable | 1,878,179 | 2,314,274 |
| Prepaid expenses | 1,266,286 | -312,788 |
| Inventory | 3,673,466 | -1,276,738 |
| Income taxes | -10,345,439 | 1,513,207 |
| Uncertain tax position liabilities | 8,969,000 | 5,442,000 |
| Accounts payable and accrued liabilities | -18,609,415 | -191,031 |
| Changes in operating lease liabilities | -997,728 | -831,317 |
| Change in assets and liabilities held for sale | -1,272,007 | -4,688,713 |
| Net cash used in operating activities | -6,792,823 | -8,151,429 |
| Purchases of property, plant, and equipment | 13,657,420 | 4,804,492 |
| Purchase of marketable securities | 8,048 | 1,004,479 |
| Acquisition net of cash-Wholesomeco Inc | 0 | 7,025,811 |
| Acquisition net of cash-Deep Roots Holdings Inc. | 345,239 | 19,037,368 |
| Acquisition net of cash-Proper Holdings Management Inc.And Ngh Investments Inc. | 652,899 | 12,298,303 |
| Capitalized software development costs | 737,445 | 328,166 |
| Deposits | 347,464 | 290,798 |
| Net cash provided by (used in) investing activities | -14,756,718 | 32,938,026 |
| Proceeds from long-term debt, net of issuance costs | 147,049,514 | -260,000 |
| Proceeds from warrant exercises | 0 | 38,516 |
| Proceeds from option exercises | 10,276 | 80,614 |
| Debt principal payments | 114,160,384 | 10,061,221 |
| Net cash provided by (used in) financing activities | 32,899,406 | -10,202,091 |
| Net change in cash | 11,349,865 | 14,584,506 |
| Cash and cash equivalents at beginning of period | 91,604,970 | - |
| Cash and cash equivalents at end of period | 117,539,341 | - |
Vireo Growth Inc. (VREOF)
Vireo Growth Inc. (VREOF)