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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
New England Cannabis Corporation
Island Global Holdings, Inc.
Total 4Front Ventures Corp. Shareholders' Equity
Total 4Front Ventures Corp. Shareholders' Equity
New England Cannabis Corporation
Total 4Front Ventures Corp. Shareholders' Equity
Island Global Holdings, Inc.
Share Capital
Share Capital
New England Cannabis Corporation
Share Capital
Island Global Holdings, Inc.
Additional Paid-In Capital
Deficit
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2021             594,181,604          
Beginning balance at Dec. 31, 2021 $ 37,532     $ 37,460     $ 274,120     $ 52,197 $ (288,857) $ 72
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Shares issued for pursuant to acquisition (in shares)               28,571,428        
Shares issued for pursuant to acquisition   $ 18,200     $ 18,200     $ 18,200        
Share-based compensation 1,038     1,038           1,038    
Conversion of notes to equity (in shares)             6,235,512          
Conversion of notes to equity 3,122     3,122     $ 3,122          
Shares issued with exercise of warrants (in shares)             88,659          
Shares issued with exercise of warrants 50     50     $ 50          
Net loss (5,894)     (5,899)             (5,899) 5
Ending balance (in shares) at Mar. 31, 2022             629,077,203          
Ending balance at Mar. 31, 2022 54,048     53,971     $ 295,492     53,235 (294,756) 77
Beginning balance (in shares) at Dec. 31, 2021             594,181,604          
Beginning balance at Dec. 31, 2021 37,532     37,460     $ 274,120     52,197 (288,857) 72
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net loss (12,440)                      
Ending balance (in shares) at Jun. 30, 2022             637,912,894          
Ending balance at Jun. 30, 2022 54,902     54,820     $ 302,502     53,625 (301,307) 82
Beginning balance (in shares) at Mar. 31, 2022             629,077,203          
Beginning balance at Mar. 31, 2022 54,048     53,971     $ 295,492     53,235 (294,756) 77
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Shares issued for pursuant to acquisition (in shares)                 8,783,716      
Shares issued for pursuant to acquisition     $ 6,245     $ 6,245     $ 6,245      
Share-based compensation 390     390           390    
Warrants issued for Island pursuant to acquisition 732     732     $ 732          
Shares issued with exercise of stock options (in shares)             51,975          
Shares issued with exercise of stock options 33     33     $ 33          
Net loss (6,546)     (6,551)             (6,551) 5
Ending balance (in shares) at Jun. 30, 2022             637,912,894          
Ending balance at Jun. 30, 2022 $ 54,902     54,820     $ 302,502     53,625 (301,307) 82
Beginning balance (in shares) at Dec. 31, 2022 643,416,275           643,416,275          
Beginning balance at Dec. 31, 2022 $ 28,351     28,258     $ 304,602     59,411 (335,755) 93
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Share-based compensation 1,020     1,020           1,020    
Net loss (11,392)     (11,397)             (11,397) 5
Ending balance (in shares) at Mar. 31, 2023             643,416,275          
Ending balance at Mar. 31, 2023 $ 17,979     17,881     $ 304,602     60,431 (347,152) 98
Beginning balance (in shares) at Dec. 31, 2022 643,416,275           643,416,275          
Beginning balance at Dec. 31, 2022 $ 28,351     28,258     $ 304,602     59,411 (335,755) 93
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Shares issued to settle payables (in shares) 6,443,452                      
Net loss $ (22,856)                      
Ending balance (in shares) at Jun. 30, 2023 649,859,727           649,859,727          
Ending balance at Jun. 30, 2023 $ 7,826     7,723     $ 305,699     60,645 (358,621) 103
Beginning balance (in shares) at Mar. 31, 2023             643,416,275          
Beginning balance at Mar. 31, 2023 17,979     17,881     $ 304,602     60,431 (347,152) 98
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Shares issued for pursuant to acquisition (in shares)             2,380,952          
Shares issued for pursuant to acquisition 447     447     $ 447          
Share-based compensation 214     214           214    
Shares issued to settle payables (in shares)             4,062,500          
Shares issued to settle payables 650     650     $ 650          
Net loss $ (11,464)     (11,469)             (11,469) 5
Ending balance (in shares) at Jun. 30, 2023 649,859,727           649,859,727          
Ending balance at Jun. 30, 2023 $ 7,826     $ 7,723     $ 305,699     $ 60,645 $ (358,621) $ 103