Company: JUSHF
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023749
Chunk: 45

Company: Jushi Holdings Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 45
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paid expenses and other current assets in the consolidated balance sheet. The sale of the dispensary is expected to be completed within three months from March 31, 2025.

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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)

 5.   PROPERTY, PLANT AND EQUIPMENTThe components of property, plant and equipment (“PPE”) are as follows:March 31, 2025 (unaudited)December 31, 2024Buildings and building components$89,158 $89,124 Land12,956 12,956 Leasehold improvements49,117 47,514 Machinery and equipment23,968 23,959 Furniture, fixtures and office equipment (including computer)23,434 22,597 Construction-in-process3,465 2,533 Total property, plant and equipment - gross202,098 198,683 Less: Accumulated depreciation(58,707)(54,620)Total property, plant and equipment - net$143,391 $144,063 Construction-in-process represents assets under construction for manufacturing and retail build-outs not yet ready for use.Depreciation was $4,502 and $4,909 for the three months ended March 31, 2025 and 2024, respectively. Interest expense capitalized to PPE totaled $62 and $0 for the three months ended March 31, 2025 and 2024, respectively.

 6.   OTHER NON-CURRENT ASSETSThe components of other non-current assets are as follows:March 31, 2025 (unaudited)December 31, 2024Operating lease assets$18,269 $18,114 Indemnification assets4,903 4,808 Net deferred tax assets5,433 5,048 Deposits and escrows - properties1,653 1,723 Deposits - equipment402 422 Other223 158 Total other non-current assets$30,883 $30,273 

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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)

 7.   ACCRUED EXPENSE