Company: JUSHF
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023749
Chunk: 30

Company: Jushi Holdings Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 30
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 of March 31, 202514,060,630 $0.96 The fair value of the stock options granted was determined using the Black-Scholes option-pricing model. The following assumptions were used for the calculation at date of grant: Three Months Ended March 31,20252024Weighted average stock price$0.29$0.70Weighted average expected stock price volatility92.0%77.1%Expected annual dividend yield0%0%Weighted average expected life5.0 years5.1 yearsWeighted average risk-free annual interest rate4.0%4.3%Weighted average grant date fair value$0.21$0.46

Share-based Compensation CostThe components of share-based compensation expense are as follows:Three Months Ended March 31,20252024Stock options expense (forfeiture)$(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.

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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,