XML 14 R5.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
New England Cannabis Corporation
Island Global Holdings, Inc.
Bloom
Total 4Front Ventures Corp. Shareholders' Equity (Deficit)
Total 4Front Ventures Corp. Shareholders' Equity (Deficit)
New England Cannabis Corporation
Total 4Front Ventures Corp. Shareholders' Equity (Deficit)
Island Global Holdings, Inc.
Total 4Front Ventures Corp. Shareholders' Equity (Deficit)
Bloom
Share Capital
Share Capital
New England Cannabis Corporation
Share Capital
Island Global Holdings, Inc.
Share Capital
Bloom
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 (21,041)                            
Ending balance (in shares) at Sep. 30, 2022                 641,662,894            
Ending balance at Sep. 30, 2022 49,263       49,176       $ 304,602       54,487 (309,913) 87
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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Shares issued for pursuant to acquisition (in shares)                       3,750,000      
Shares issued for pursuant to acquisition       $ 2,100       $ 2,100       $ 2,100      
Share-based compensation 862       862               862    
Net loss (8,601)       (8,606)                 (8,606) 5
Ending balance (in shares) at Sep. 30, 2022                 641,662,894            
Ending balance at Sep. 30, 2022 $ 49,263       49,176       $ 304,602       54,487 (309,913) 87
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) 15,743,702                            
Net loss $ (84,952)                            
Ending balance (in shares) at Sep. 30, 2023 659,159,977               659,159,977            
Ending balance at Sep. 30, 2023 $ (50,592)       (50,700)       $ 306,561       63,461 (420,722) 108
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            
Ending balance at Jun. 30, 2023 7,826       7,723       $ 305,699       60,645 (358,621) 103
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Share-based compensation (in shares)                 0            
Share-based compensation 2,634       2,634               2,634    
Warrants issued 182       182               182    
Shares issued for executive compensation (in shares)                 9,300,250            
Shares issued for executive compensation 862       862       $ 862            
Net loss $ (62,096)       (62,101)                 (62,101) 5
Ending balance (in shares) at Sep. 30, 2023 659,159,977               659,159,977            
Ending balance at Sep. 30, 2023 $ (50,592)       $ (50,700)       $ 306,561       $ 63,461 $ (420,722) $ 108