Company: JUSHF
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023749
Chunk: 22

Company: Jushi Holdings Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 22
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-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 EXPENSES AND OTHER CURRENT LIABILITIESThe components of accrued expenses and other current liabilities are as follows:March 31, 2025 (unaudited)December 31, 2024Deferred income - ERC (1)$1,931 $9,181 Goods received not invoiced3,046 4,366 Accrued employee related expenses and liabilities5,845 4,095 Operating lease obligations5,055 4,966 Accrued sales and excise taxes1,519 1,928 Accrued interest1,523 1,531 Deferred revenue (loyalty program)1,417 1,321 Accrued professional and management fees783 470 Other accrued expenses and current liabilities3,793 4,928 Total accrued expenses and other current liabilities$24,912 $32,786 (1)Refer to Note 4 - Prepaid Expenses and Other Current Assets for more information.

 8.   DEBTThe components of the Company’s debt are as follows:Effective Interest RateMaturity DateMarch 31, 2025 (unaudited)December 31, 2024Principal amounts:Second Lien Notes15%December 2026$85,334 $80,131 Term Loans26%September 2026 (1)48,500 48,500 Acquisition-related promissory notes payable8% - 12%October 2025 - April 202728,512 22,289 Mortgage loans6% - 10%January 2027 - April 202828,903