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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 3,398 $ 14,271
Accounts receivable, net 3,682 5,448
Other receivables 735 93
Current portion of lease receivables 3,990 3,810
Inventory 17,087 18,888
Prepaid expenses and other assets 3,324 1,015
Assets held for sale or disposal 1,696 9,742
Total current assets 33,912 53,267
Property, plant, and equipment, net 36,549 34,414
Lease receivables 3,963 5,611
Intangible assets, net 26,793 29,240
Goodwill 41,807 41,807
Right-of-use assets 118,511 121,929
Deposits 2,419 4,996
Long term assets held for sale or disposal 0 53,468
TOTAL ASSETS 263,954 344,732
Current liabilities:    
Accounts payable 11,415 11,101
Accrued expenses and other current liabilities 9,014 9,101
Taxes payable 39,634 36,577
Derivative liability 4,550 0
Current portion of convertible notes 15,818 0
Current portion of lease liability 1,720 2,767
Current portion of notes payable and accrued interest 9,812 9,059
Current liabilities held for sale or disposal 12,037 8,845
Total current liabilities 104,000 77,450
Convertible notes 0 14,843
Notes payable and accrued interest from related party 47,491 49,807
Long term notes payable 11,052 10,456
Long term accounts payable 977 962
Construction finance liability 16,000 16,000
Deferred tax liability 11,882 6,097
Lease liability 123,946 120,672
Long term liabilities held for sale or disposal 0 20,094
TOTAL LIABILITIES 315,348 316,381
SHAREHOLDERS' (DEFICIT) EQUITY    
Subordinate Voting Shares (no par value, unlimited shares authorized, 669,519,349 and 643,416,275 shares issued and outstanding as of December 31, 2023 and 2022, respectively) 308,952 304,602
Additional paid-in capital 66,948 59,411
Deficit (427,402) (335,755)
Equity attributable to 4Front Ventures Corp. (51,502) 28,258
Non-controlling interest 108 93
TOTAL SHAREHOLDERS' (DEFICIT) EQUITY (51,394) 28,351
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY $ 263,954 $ 344,732