XML 29 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Temporary Equity and Shareholders’ Equity - USD ($)
$ in Thousands
Total
Reclassifications
Common shares
SVS
Common shares
MVS
[1]
Additional paid-in capital
Additional paid-in capital
Reclassifications
Treasury shares
Treasury shares
Reclassifications
Accumulated other comprehensive loss
Accumulated deficit
Redeemable non-controlling interest, beginning balance at Dec. 31, 2021 $ 118,972                  
Redeemable non-controlling interest contingency                    
Contribution from non-controlling interest 14,556                  
Foreign currency exchange variance (5,582)                  
Net Loss (6,833)                  
Redeemable non-controlling interest, ending balance at Dec. 31, 2022 $ 121,113                  
Common stock, beginning balance (in shares) at Dec. 31, 2021 708,340,434   614,369,729 [1] 93,970,705            
Balance, beginning of period at Dec. 31, 2021 $ 1,546,124 $ 3,735     $ 2,047,531 $ 3,735 $ (5,208)   $ (6,744) $ (489,455)
Changes in stockholders equity                    
Issuance of shares in connection with acquisitions (in shares) 7,392,857   7,392,857 [1]              
Issuance of shares in connection with acquisitions $ 35,671       35,671          
Acquisition related deferred equity consideration $ 59,289       59,289          
Acquisition escrow shares returned and retired (in shares) (980,098)   (980,098) [1]              
Acquisition escrow shares returned and retired $ (10,370)       (10,370)          
Foreign currency exchange variance $ (11,850)               (11,850)  
Exercise of stock options (in shares) 1,269,953   1,269,953 [1]              
Exercise of stock options $ 524       524          
Issuance of SVS for settlement of RSUs (in shares) 1,315,176   1,315,176 [1]              
Issuance of SVS for settlement of RSUs $ (1,336)       (1,336)          
Share-based compensation (in shares) 152,508   152,508 [1]              
Share-based compensation $ 28,017       28,017          
Net Loss $ (370,099)                 (370,099)
Common stock, ending balance (in shares) at Dec. 31, 2022 717,490,830   623,520,125 [1] 93,970,705            
Balance, end of period at Dec. 31, 2022 $ 1,279,705 $ 0     2,163,061 $ (5,208) (5,208) $ 5,208 (18,594) (859,554)
Redeemable non-controlling interest contingency                    
Contribution from non-controlling interest 4,166                  
Foreign currency exchange variance 4,511                  
Net Loss (9,140)                  
Redeemable non-controlling interest, ending balance at Dec. 31, 2023 $ 120,650                  
Changes in stockholders equity                    
Issuance of shares in connection with acquisitions (in shares) 12,329,002   12,329,002 [1]              
Issuance of shares in connection with acquisitions $ 17,375       17,375          
Issuance of shares in connection with public offering (in shares) 2,700,000   2,700,000 [1]              
Issuance of shares in connection with public offering $ 11,497       11,497          
SVS contributed to Curaleaf, Inc. in connection with the Reorganization (in shares) (254,315)   (254,315) [1]              
SVS contributed to Curaleaf, Inc. in connection with the Reorganization $ (1,050)           (1,050)      
Acquisition escrow shares returned and retired (in shares) (350,794)   (350,794) [1]              
Acquisition escrow shares returned and retired $ (2,465)       (2,465)          
Foreign currency exchange variance $ 6,719               6,719  
Exercise of stock options (in shares) 211,775   211,775 [1]              
Exercise of stock options $ 48       48          
Issuance of SVS for settlement of RSUs (in shares) 1,601,305   1,601,305              
Share-based compensation $ 20,010       20,010          
Net Loss $ (281,197)                 (281,197)
Common stock, ending balance (in shares) at Dec. 31, 2023 733,727,803   639,757,098 [1] 93,970,705            
Balance, end of period at Dec. 31, 2023 $ 1,050,642       $ 2,204,318   $ (1,050)   $ (11,875) $ (1,140,751)
[1]
*as defined herein