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Condensed Consolidated Statements of Net Income (Loss) and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net revenue, before excise taxes $ 44,252 $ 38,678 $ 86,150 $ 74,045
Excise taxes (10,797) (10,916) (20,433) (20,995)
Net revenue 33,455 27,762 65,717 53,050
Cost of sales 18,865 21,070 37,393 41,875
Inventory write-down 86 395 86 395
Gross profit 14,504 6,297 28,238 10,780
Operating expenses        
Sales and marketing 5,347 4,330 9,912 9,662
Research and development 929 962 1,722 1,959
General and administrative 10,536 12,767 19,845 21,674
Restructuring costs 768 547 1,323 630
Share-based compensation 1,381 2,236 3,469 4,251
Depreciation and amortization 867 1,016 1,363 2,139
Impairment loss on long-lived assets 0 0 0 1,974
Total operating expenses 19,828 21,858 37,634 42,289
Operating loss (5,324) (15,561) (9,396) (31,509)
Other income (expense)        
Interest income, net 8,997 13,451 18,662 27,696
Share of income from equity method investments 0 917 0 2,365
Loss on revaluation of financial instruments (640) (3,615) (591) (6,257)
Impairment loss on other investments 0 (12,916) 0 (25,650)
Foreign currency gain (loss) (39,538) 6,543 (37,955) 19,802
Loss on held-for-sale assets (2,501) 0 (2,501) 0
Other, net (1) 248 42 (422)
Total other income (expense) (33,683) 4,628 (22,343) 17,534
Loss before income taxes (39,007) (10,933) (31,739) (13,975)
Income tax benefit (525) (2,174) (980) (2,732)
Net loss (38,482) (8,759) (30,759) (11,243)
Net income (loss) attributable to non-controlling interest 1,229 (2) 2,830 (245)
Net loss attributable to Cronos Group (39,711) (8,757) (33,589) (10,998)
Comprehensive income (loss)        
Net loss (38,482) (8,759) (30,759) (11,243)
Other comprehensive income (loss)        
Foreign exchange gain (loss) on translation 60,228 (10,160) 57,146 (32,521)
Comprehensive income (loss) 21,746 (18,919) 26,387 (43,764)
Comprehensive income (loss) attributable to non-controlling interests 3,412 58 4,855 (75)
Comprehensive income (loss) attributable to Cronos Group $ 18,334 $ (18,977) $ 21,532 $ (43,689)
Net loss per share        
Basic net loss per share attributable to Cronos Group (in dollars per share) $ (0.10) $ (0.02) $ (0.09) $ (0.03)
Diluted net loss per share attributable to Cronos Group (in dollars per share) $ (0.10) $ (0.02) $ (0.09) $ (0.03)