Company: CGC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000950170-25-015839
Chunk: 216

Company: Canopy Growth Corp
Filing Date: 2025-02-07
Form: 10-Q
Item: Item 8
Chunk 216
---
 restructuring which primarily related to the employee restructuring costs and other costs associated with previous restructuring actions.In the nine months ended December 31, 2024, the Company recorded a loss on asset impairment and restructuring which primarily related to the non-cash impairment of divestiture-related assets, employee restructuring costs and other costs associated with previous restructuring actions. This was partially offset by a gain related to the remeasurement of a restructured lease facility upon execution of the related exit agreement.As a result, in the three and nine months ended December 31, 2024, the Company recognized a loss on asset impairment and restructuring of $1,285 and $22,135, respectively (three and nine months ended December 31, 2023 – loss of $30,413 and $2,452, respectively).

15

6.  CASH AND CASH EQUIVALENTSThe components of cash and cash equivalents are as follows:

        December 31,

        March 31,

        2024

        2024

        Cash
         
        $
        145,599

        $
        115,427

        Cash equivalents

        16,310

        54,873

        $
        161,909

        $
        170,300

7.  SHORT-TERM INVESTMENTSThe components of short-term investments are as follows:

        December 31,

        March 31,

        2024

        2024

        Term deposits
         
        $
        16,435

        $
        33,161

        $
        16,435

        $
        33,161

      The amortized cost of short-term investments at December 31, 2024 is $16,435 (March 31, 2024 – $33,161).

8.  AMOUNTS RECEIVABLE, NETThe components of amounts receivable, net are as follows:

        December 31,

        March 31,

        2024

        2024

        Accounts receivable, net
         
        $
        44,393

        $
        44,943

        Indirect taxes receivable

        3,655

        2,517

        Interest receivable

        1,004

        876

        Other receivables

        6

        3,511

        $
        49,058

        $
        51,847

      Included