v3.26.1
Condensed Consolidated Balance Sheets Unaudited - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 13,701,247 $ 11,371,834
Accounts receivable, net (Note 4) 3,239,626 2,908,270
Inventory (Note 5) 7,138,400 7,081,295
Prepaid expenses 516,553 563,912
Current portion of notes receivable 259,653 253,403
Total current assets 24,855,479 22,178,714
Other long-term assets 300,000 300,000
Warrants asset (Note 6) 2,912,188 5,103,272
Other Investments (Note 7) 1,459,203 1,358,860
Notes receivable (Note 8) 1,719,694 1,683,757
Lease receivable 94,022 94,022
Property and equipment, net (Note 9) 15,467,088 14,055,552
Right of use assets (Note 10) 14,065,295 13,414,406
Deferred tax asset 1,944,078 1,522,760
Intangible assets 3,025,193 3,025,193
TOTAL ASSETS 65,842,240 62,736,536
Current liabilities    
Accounts payable and accrued liabilities 2,731,607 1,262,519
Current portion of operating lease liabilities 965,115 844,421
Current portion of finance lease liabilities 158,477 152,705
Current portion of long-term debt 2,765,900 2,576,228
Current portion of business acquisition consideration payable (Note 20) 553,064 455,844
Derivative liability 70,664 137,041
Warrant liabilities (Note 13.2) 768,951
Income tax payable 286,980 296,018
Total current liabilities 8,300,758 5,724,776
Operating lease liabilities 13,618,798 13,010,805
Finance lease liabilities 51,359 67,782
Long-term debt 9,916,224 10,019,301
Business acquisition consideration payable (Note 20) 1,485,820 1,611,637
Other non-current liabilities 9,227,313 8,383,888
Total liabilities 42,600,272 38,818,189
SHAREHOLDERS’ EQUITY    
Subordinate voting common shares, convertible into multiple voting common shares, no par value; unlimited shares authorized; 249,938,980 and 249,738,980 shares issued and outstanding as at March 31, 2026 and December 31, 2025, respectively 61,226,243 62,589,075
Multiple voting common shares, no par value; unlimited shares authorized; nil 0 and nil 0 shares issued and outstanding as at March 31, 2026 and December 31, 2025, respectively
Accumulated other comprehensive loss (121,906) (121,906)
Accumulated deficit (44,266,172) (41,563,955)
Equity attributable to shareholders 16,838,165 20,903,214
Non-controlling interests (Note 23) 6,403,803 3,015,133
TOTAL SHAREHOLDERS’ EQUITY 23,241,968 23,918,347
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 65,842,240 $ 62,736,536

Source

10-Q XBRL Zip