| |
As of December 31, |
| |
|
2025 |
|
|
|
2024 |
|
| Assets |
|
|
|
| Current assets |
|
|
|
| Cash and cash equivalents |
$ |
791,794 |
|
|
$ |
858,805 |
|
| Short-term investments |
|
40,000 |
|
|
|
— |
|
| Accounts receivable, net |
|
34,099 |
|
|
|
15,462 |
|
| Interest receivable |
|
8,654 |
|
|
|
8,690 |
|
| Other receivables |
|
14,445 |
|
|
|
5,000 |
|
| Current portion of loans receivable, net |
|
— |
|
|
|
618 |
|
| Inventory, net |
|
46,750 |
|
|
|
33,149 |
|
| Prepaids and other current assets |
|
8,344 |
|
|
|
6,277 |
|
| Held-for-sale assets |
|
— |
|
|
|
8,112 |
|
| Total current assets |
|
944,086 |
|
|
|
936,113 |
|
| Other investments |
|
7,664 |
|
|
|
2,813 |
|
| Non-current portion of loans receivable, net |
|
20,847 |
|
|
|
15,526 |
|
| Property, plant and equipment, net |
|
145,865 |
|
|
|
133,189 |
|
| Right-of-use assets |
|
1,422 |
|
|
|
1,390 |
|
| Goodwill |
|
66,478 |
|
|
|
63,453 |
|
| Intangible assets, net |
|
8,890 |
|
|
|
11,257 |
|
| Deferred tax assets |
|
1,888 |
|
|
|
2,571 |
|
| Total assets |
$ |
1,197,140 |
|
|
$ |
1,166,312 |
|
| Liabilities |
|
|
|
| Current liabilities |
|
|
|
| Accounts payable |
$ |
11,640 |
|
|
$ |
16,973 |
|
| Income taxes payable |
|
— |
|
|
|
9 |
|
| Accrued liabilities |
|
36,210 |
|
|
|
31,653 |
|
| Current portion of lease obligation |
|
337 |
|
|
|
1,025 |
|
| Derivative liabilities |
|
— |
|
|
|
40 |
|
| Total current liabilities |
|
48,187 |
|
|
|
49,700 |
|
| Non-current portion due to non-controlling interests |
|
733 |
|
|
|
1,073 |
|
| Non-current portion of lease obligation |
|
1,172 |
|
|
|
993 |
|
| Deferred tax liabilities |
|
4,089 |
|
|
|
3,564 |
|
| Total liabilities |
|
54,181 |
|
|
|
55,330 |
|
| Shareholders’ equity |
|
|
|
| Share capital and additional paid-in capital |
|
662,983 |
|
|
|
669,879 |
|
| Retained earnings |
|
447,756 |
|
|
|
457,709 |
|
| Accumulated other comprehensive loss |
|
(16,842 |
) |
|
|
(63,525 |
) |
| Total equity attributable to shareholders of Cronos Group |
|
1,093,897 |
|
|
|
1,064,063 |
|
| Non-controlling interests |
|
49,062 |
|
|
|
46,919 |
|
| Total shareholders’ equity |
|
1,142,959 |
|
|
|
1,110,982 |
|
| Total liabilities and shareholders’ equity |
$ |
1,197,140 |
|
|
$ |
1,166,312 |
|
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