XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 794,416 $ 858,805
Short-term investments 40,000 0
Accounts receivable, net 26,619 15,462
Interest receivable 3,228 8,690
Other receivables 9,529 5,000
Current portion of loans receivable, net 0 618
Inventory, net 42,142 33,149
Prepaids and other current assets 5,191 6,277
Held-for-sale assets 6,022 8,112
Total current assets 927,147 936,113
Other investments 2,251 2,813
Non-current portion of loans receivable, net 13,767 15,526
Property, plant and equipment, net 150,243 133,189
Right-of-use assets 1,677 1,390
Goodwill 66,918 63,453
Intangible assets, net 10,565 11,257
Deferred tax assets 2,659 2,571
Total assets 1,175,227 1,166,312
Current liabilities    
Accounts payable 12,136 16,973
Income taxes payable 14 9
Accrued liabilities 24,637 31,653
Current portion of lease obligation 822 1,025
Derivative liabilities 3 40
Total current liabilities 37,612 49,700
Non-current portion due to non-controlling interests 680 1,073
Non-current portion of lease obligation 1,189 993
Deferred tax liabilities 5,540 3,564
Total liabilities 45,021 55,330
Shareholders’ equity    
Share capital and additional paid-in capital (no par value; authorized for issue as of June 30, 2025 and December 31, 2024: unlimited; shares outstanding as of June 30, 2025 and December 31, 2024: 383,806,912 and 382,530,780, respectively) 666,614 669,879
Retained earnings 424,080 457,709
Accumulated other comprehensive loss (8,404) (63,525)
Total equity attributable to shareholders of Cronos Group 1,082,290 1,064,063
Non-controlling interests 47,916 46,919
Total shareholders’ equity 1,130,206 1,110,982
Total liabilities and shareholders’ equity $ 1,175,227 $ 1,166,312