Company: JUSHF
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048797
Chunk: 58

Company: Jushi Holdings Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 58
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 6,223 22,114 — — — 28,512 Mortgage loans138 544 9,286 389 427 21,828 32,612 Total debt subject to scheduled repayments$1,526 $138,708 $31,400 $389 $427 $21,828 $194,278 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 September 30,Nine Months Ended September 30,2025202420252024Interest expenseInterest and accretion - Second Lien Notes$3,421 $2,838 $9,914 $8,513 Interest and accretion - Term Loans2,981 1,832 9,101 1,832 Interest and accretion - Finance lease liabilities2,602 2,478 7,600 7,550 Interest and accretion - Promissory notes911 1,043 2,646 3,699 Interest and accretion - Acquisition Facility— 658 — 4,845 Interest and accretion - Mortgage loans and other financing activities618 661 1,825 2,037 Capitalized interest(149)— (254)— Total interest expense10,384 9,510 30,832 28,476 Interest income(117)(128)(346)(479)Total interest expense, net$10,267 $9,382 $30,486 $27,997 

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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)

 9.   DERIVATIVE LIABILIT