Company: JUSHF
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048797
Chunk: 38

Company: Jushi Holdings Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 38
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2024Numerator:Net loss$(23,689)$(16,016)$(53,035)$(36,309)Denominator:Weighted-average shares of common stock - basic and diluted195,196,597 195,165,913 195,196,597 195,145,417 Loss per common share:Basic and diluted$(0.12)$(0.08)$(0.27)$(0.19)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 and nine months ended September 30, 2025 and 2024, because the impact of including them would have been anti-dilutive:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Stock options24,243,562 26,537,311 24,817,114 27,402,967 Warrants (derivative liabilities and equity)80,129,162 101,726,848 78,392,223 92,766,898 Unvested restricted stock awards— 1,679 — 1,800 104,372,724 128,265,838 103,209,337 120,171,665 

 12.   REVENUEThe Company has two revenue streams: (i) retail and (ii) wholesale. The Company’s retail revenue is comprised of cannabis sales from its dispensaries. The Company’s wholesale revenue is comprised of cannabis sales to its wholesale customers for resale through their dispensaries. Any intercompany revenue and costs are eliminated to arrive at consolidated totals.The following table summarizes the Company’s revenue from external customers, disaggregated by revenue stream:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Retail$58,774 $55,441 $175,058 $169,802 Wholesale6,905 6,170 19,513 21,863 Total revenue, net$65,679 $61,611 $194,571 $191,665 

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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)

 13.   OPER