Company: JUSHF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001628280-25-010947
Chunk: 119

Company: Jushi Holdings Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 8
Chunk 119
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 of ContentsJUSHI HOLDINGS INC. CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands of U.S. dollars)

Year Ended December 31,20242023CASH FLOWS FROM OPERATING ACTIVITIES:Net loss $(48,777)$(65,102)Adjustments to reconcile net loss to net cash provided by (used in) operating activities:Depreciation and amortization, including amounts in cost of goods sold29,889 26,588 Share-based compensation4,222 8,092 Fair value changes in derivatives(6,275)(9,589)Non-cash interest expense, including amortization of deferred financing costs7,044 6,498 Deferred income taxes and uncertain tax positions28,900 25,874 Loss on debt modification/extinguishment/redemption362 — Asset impairments432 8,574 Gain on deconsolidation of Jushi Europe(1,896)— Other non-cash items, net1,480 7,207 Changes in operating assets and liabilities, net of acquisitions:Accounts receivable1,863 (2,366)Inventory(4,006)(4,687)Prepaid expenses and other current and non-current assets(1,514)404 Accounts payable, accrued expenses and other current liabilities9,845 (4,811)Net cash flows provided by (used in) operating activities21,569 (3,318)CASH FLOWS FROM INVESTING ACTIVITIES:Payments for property, plant and equipment(4,708)(10,743)Proceeds from sale of assets2,848 4,351 Payments for investments, net of cash of $218(5,207)— Net cash flows used in investing activities(7,067)(6,392)CASH FLOWS FROM FINANCING ACTIVITIES:Proceeds from exercise of options39 — Proceeds from term loans, net of debt discount of  $97047,530 — Payments of promissory notes(6,350)— Proceeds from mortgage loans— 21,900 Payments on acquisition related credit facility(60,125)(4,875)Payments of finance leases(2,091)(3,526)Payments of mortgage loans(408)(211)Payments of loan financing costs(2,689)(250)Proceeds from other financing activities1,633 3,862 Payments of other financing activities