| Summary of Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
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Years ended |
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March 31, |
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March 31, |
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March 31, |
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2026 |
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2025 |
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2024 |
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(As Restated) |
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(As Restated) |
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Segmented net revenue |
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|
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Cannabis |
|
$ |
213,944 |
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$ |
186,726 |
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$ |
191,683 |
|
Storz & Bickel |
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|
70,659 |
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|
|
82,269 |
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|
|
79,464 |
|
This Works |
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|
- |
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|
|
- |
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|
|
21,256 |
|
Other1 |
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|
- |
|
|
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- |
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|
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4,743 |
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$ |
284,603 |
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$ |
268,995 |
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$ |
297,146 |
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Segmented gross margin: |
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Cannabis |
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46,092 |
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48,995 |
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|
|
39,779 |
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Storz & Bickel |
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|
23,578 |
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|
|
30,516 |
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|
|
32,671 |
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This Works |
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- |
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- |
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10,534 |
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Other2 |
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- |
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- |
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(2,102 |
) |
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69,670 |
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|
79,511 |
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|
80,882 |
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Selling, general and administrative expenses |
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|
159,984 |
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|
|
169,626 |
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|
|
229,429 |
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Share-based compensation |
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|
4,266 |
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|
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(4,205 |
) |
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|
14,180 |
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Loss on asset impairment and restructuring |
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|
67,079 |
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|
|
31,233 |
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|
|
65,987 |
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Operating loss from continuing operations |
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|
(161,659 |
) |
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(117,143 |
) |
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(228,714 |
) |
Other income (expense), net |
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|
(101,226 |
) |
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(390,617 |
) |
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(279,052 |
) |
Loss from continuing operations before incomes taxes |
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$ |
(262,885 |
) |
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$ |
(507,760 |
) |
|
$ |
(507,766 |
) |
1 A reclassification of $5,449 of ancillary cannabis revenues from Other to Cannabis occurred for the year ended March 31, 2024. 2 A reclassification of $744 of ancillary cannabis gross margins from Other to Cannabis occurred for the year ended March 31, 2024.
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| Summary of Disaggregation of Net Revenue by Geographic Area |
Disaggregation of net revenue by geographic area:
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Years ended |
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March 31, |
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March 31, |
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March 31, |
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2026 |
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2025 |
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|
2024 |
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Canada |
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$ |
186,092 |
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|
$ |
155,912 |
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$ |
162,712 |
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Germany |
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|
62,072 |
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|
|
59,904 |
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|
|
52,194 |
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United States |
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28,270 |
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35,990 |
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|
40,988 |
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Other |
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|
8,169 |
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|
17,189 |
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|
|
41,252 |
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|
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$ |
284,603 |
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$ |
268,995 |
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$ |
297,146 |
|
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| Summary of Disaggregation of Long-lived Assets by Geographic Areas |
Disaggregation of long-lived tangible assets by geographic area:
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March 31, |
|
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March 31, |
|
|
|
2026 |
|
|
2025 |
|
Canada |
|
$ |
265,362 |
|
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$ |
239,382 |
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Germany |
|
|
50,406 |
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|
|
53,079 |
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Other |
|
|
726 |
|
|
|
1,062 |
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|
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$ |
316,494 |
|
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$ |
293,523 |
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