Company: JUSHF
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037797
Chunk: 55

Company: Jushi Holdings Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 55
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 the Company’s debt were as follows:Remainder of the year202620272028TotalSecond Lien Notes$— $86,209 $— $— $86,209 Term Loans2,425 46,075 — — 48,500 Acquisition-related promissory notes payable175 6,223 22,114 — 28,512 Mortgage loans338 689 9,396 18,336 28,759 Total debt subject to scheduled repayments$2,938 $139,196 $31,510 $18,336 $191,980 The above table excludes the maturities of the Company’s promissory notes payable to Sammartino, as the repayment of these notes, if any, would arise in the context of a non-appealable final judgment by a court. Refer to Note 16 - Commitments and Contingencies for more information. Specifically, the promissory notes that were payable to Sammartino are as follows: $16,500 in 2024 and $5,000 in 2026. However, these balances are classified as long-term debt since the Company does not expect to repay these amounts within the next 12 months.

Interest ExpenseInterest expense, net is comprised of the following:Three Months Ended June 30,Six Months Ended June 30,2025202420252024Interest expenseInterest and accretion - Second Lien Notes$3,390 $2,927 $6,493 $5,675 Interest and accretion - Term Loans2,930 — 6,120 — Interest and accretion - Finance lease liabilities2,523 2,404 4,998 5,072 Interest and accretion - Promissory notes921 1,282 1,735 2,656 Interest and accretion - Acquisition Facility— 2,035 — 4,187 Interest and accretion - Mortgage loans and other financing activities605 670 1,207 1,376 Capitalized interest(43)— (105)— Total interest expense10,326 9,318 20,448 18,966 Interest income(107)(247)(229)(351)Total interest expense, net$10,219 $9,071 $20,219 $18,615 

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