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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 22,581 $ 18,932
Accounts receivable, net 1,946 437
Other receivables 289 1,341
Current portion of lease receivables 3,630 3,450
Inventory 20,087 18,037
Current portion of notes receivable 109 264
Prepaid expenses 2,232 2,275
Total current assets 50,874 44,736
Property and equipment, net 42,633 33,618
Notes receivable and accrued interest 0 91
Lease receivables 6,748 7,595
Intangible assets, net 26,246 28,790
Goodwill 23,155 23,155
Right-of-use assets 100,519 62,466
Deposits 5,364 4,305
TOTAL ASSETS 255,539 204,756
Current liabilities:    
Accounts payable 2,131 4,722
Accrued expenses and other current liabilities 9,411 6,427
Taxes payable 23,968 11,502
Derivative liability 3,502 5,807
Current portion of convertible notes 2,784 1,652
Current portion of lease liability 3,629 1,909
Current portion of contingent consideration payable 0 2,393
Current portion of notes payable and accrued interest 3,413 3,372
Total current liabilities 48,838 37,784
Convertible notes 14,641 14,722
Notes payable and accrued interest from related party 48,266 45,362
Long term notes payable 1,709 1,907
Long term accounts payable 1,200 1,600
Contingent consideration payable 2,393 3,103
Deferred tax liability 7,849 6,530
Lease liability 93,111 51,545
TOTAL LIABILITIES 218,007 162,553
SHAREHOLDERS' EQUITY    
Equity attributable to 4Front Ventures Corp 274,120 250,583
Additional paid-in capital 52,197 42,116
Deficit (288,857) (250,548)
Non-controlling interest 72 52
TOTAL SHAREHOLDERS' EQUITY 37,532 42,203
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 255,539 $ 204,756