v3.26.1
Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) Unaudited - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Total revenue $ 9,155,658 $ 7,150,183
Total cost of goods sold (5,198,024) (3,786,436)
Gross profit 3,957,634 3,363,747
Operating expenses    
Depreciation (Note 9) 91,162 104,984
General and administrative 3,611,823 2,532,254
Share-based compensation (Note 16) 154,994 1,435,910
Total operating expenses 3,857,979 4,073,148
Income (loss) from operations 99,655 (709,401)
Other income (expense)    
Interest and accretion expense (Note 11, 13) (549,980) (258,171)
Other income (expense) 165,268 796,956
Interest income (Note 8) 42,187 35,937
Unrealized gain on derivative liability (Note 13) 66,377 2,864,373
Realized loss on derivative liability (Note 13) (29,288)
Unrealized gain (loss) on warrant asset (Note 6) (2,191,084) (1,172,492)
Unrealized gain on change in fair value of warrant liability (Note 13.2) 770,714
Loss on equity investment in associate (Note 7) (99,657) (153,734)
Total other income (expense), net (1,796,175) 2,083,581
Income (loss) before income tax expense (1,696,520) 1,374,180
Income tax expense (Note 18) (516,871) (631,310)
Net income (loss) (2,213,391) 742,870
Other comprehensive income    
Currency translation adjustment 7,832
Total comprehensive income (loss) $ (2,213,391) $ 750,702
Basic income (loss) per share $ (0.01) $ 0.00
Basic weighted average number of subordinate voting common shares outstanding 249,914,536 227,189,980
Diluted income (loss) per share (0.01) 0.00
Diluted weighted average number of subordinate voting common shares outstanding $ 249,914,536 $ 231,795,875
Net income (loss) for the period attributable to:    
Shareholders $ (2,702,217) $ 598,782
Non-controlling interest 488,826 144,088
Net income (loss) (2,213,391) 742,870
Total comprehensive income (loss) for the period attributable to:    
Shareholders (2,702,217) 606,614
Non-controlling interest 488,826 144,088
Total comprehensive income (loss) (2,213,391) 750,702
Product [Member]    
Total revenue 9,155,658 7,150,183
Cost of finished cannabis inventory sold [Member]    
Total cost of goods sold $ (5,198,024) $ (3,786,436)

Source

10-Q XBRL Zip