Company: JUSHF
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048797
Chunk: 28

Company: Jushi Holdings Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 28
---
,711 22,597 Construction-in-process7,451 2,533 Total property, plant and equipment - gross211,152 198,683 Less: Accumulated depreciation(66,690)(54,620)Total property, plant and equipment - net$144,462 $144,063 Construction-in-process represents assets under construction for manufacturing and retail build-outs not yet ready for use.Depreciation was $4,214 and $4,520 for the three months ended September 30, 2025 and 2024, respectively, and $13,151 and $14,403 for the nine months ended September 30, 2025 and 2024, respectively. Interest expense capitalized to PPE totaled $149 and $0 for the three months ended September 30, 2025 and 2024, respectively, and $254 and $0 for the nine months ended September 30, 2025 and 2024, respectively.

10

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)

 6.   OTHER NON-CURRENT ASSETSThe components of other non-current assets are as follows:September 30, 2025 (unaudited)December 31, 2024Operating lease assets$20,712 $18,114 Indemnification assets3,137 4,808 Net deferred tax assets5,288 5,048 Deposits and escrows - properties1,694 1,723 Deposits - equipment386 422 Other417 158 Total other non-current assets$31,634 $30,273 

 7.   ACCRUED EXPENSES AND OTHER CURRENT LIABILITIESThe components of accrued expenses and other current liabilities are as follows:September 30, 2025 (unaudited)December 31, 2024Deferred income - ERC (1)$1,625 $9,181 Goods received not invoiced2,613 4,366 Accrued employee related expenses and liabilities6,396 4,095 Operating lease obligations5,627 4,966 Accrued sales and excise taxes1,800 1,928 Accrued interest1,845 1,531 Deferred revenue (loyalty program