Company: JUSHF
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023749
Chunk: 54

Company: Jushi Holdings Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 54
---
feiture)$(381)$1,355 Restricted stock— 1 Warrants74 168 Total share-based compensation expense (forfeiture)$(307)$1,524 As of March 31, 2025, the Company had $1,532 of unrecognized share-based compensation cost related to unvested stock options and warrants, which is expected to be recognized as share-based compensation cost over a weighted average period of 1.5 years.

16

Table of ContentsJUSHI HOLDINGS INC. Notes to the Unaudited Condensed Consolidated Financial Statements(Amounts Expressed in Thousands of U.S. dollars, Except Share and Per Share Amounts)

 11.   EARNINGS (LOSS) PER SHAREThe reconciliations of the net loss and the weighted average number of shares used in the computations of basic and diluted loss per share are as follows:Three Months Ended March 31,20252024Numerator:Net loss$(17,015)$(18,355)Denominator:Weighted-average shares of common stock - basic and diluted195,196,597 195,131,642 Loss per common share:Basic and diluted$(0.09)$(0.09)The following table summarizes weighted average instruments that may, in the future, have a dilutive effect on earnings (loss) per share, but were excluded from consideration in the computation of diluted net loss per share for the three months ended March 31, 2025 and 2024, because the impact of including them would have been anti-dilutive:Three Months Ended March 31,20252024Stock options25,678,241 27,653,611 Warrants (derivative liabilities and equity)75,033,779 88,052,437 Unvested restricted stock awards— 1,861 100,712,020 115,707,909 

 12.   REVENUEThe Company has two revenue streams: (i) retail and (ii) wholesale. The Company’s retail revenues are comprised of cannabis sales from its dispensaries. The Company’s wholesale revenues are comprised of cannabis sales to its wholesale customers for resale through their dispensaries. Any intercompany revenue and costs are eliminated to arrive at consolidated totals.The following table summarizes the Company’s revenue from external customers, disaggregated by revenue stream:Three Months Ended March 31,20252024Retail$56,844 $57,369 Wholesale7,002 8,090