v3.26.1
Condensed Consolidated Balance Sheets Unaudited - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 11,532,826 $ 11,371,834
Accounts receivable, net (Note 4) 3,675,083 2,908,270
Inventory (Note 5) 6,714,122 7,081,295
Prepaid expenses 355,531 563,912
Derivative asset (Note 12) 11,342
Current portion of notes receivable (Note 8) 265,972 253,403
Total current assets 22,554,876 22,178,714
Other long-term assets 300,000 300,000
Warrants asset (Note 6) 2,355,605 5,103,272
Other investments (Note 7) 1,480,610 1,358,860
Notes receivable (Note 8) 1,756,032 1,683,757
Lease receivable 94,022 94,022
Property and equipment, net (Note 9) 17,820,475 14,055,552
Right of use assets (Note 10) 13,838,966 13,414,406
Deferred tax asset 1,795,003 1,522,760
Intangible assets 3,025,193 3,025,193
TOTAL ASSETS 65,020,782 62,736,536
Current liabilities    
Accounts payable and accrued liabilities 2,544,834 1,262,519
Current portion of operating lease liabilities (Note 10) 1,020,063 844,421
Current portion of finance lease liabilities (Note 10) 158,219 152,705
Current portion of long-term debt (Note 11) 3,002,684 2,576,228
Current portion of business acquisition consideration payable 464,486 455,844
Derivative liability 137,041
Warrant liabilities (Note 12) 1,106,118
Income tax payable 412,770 296,018
Total current liabilities 8,709,174 5,724,776
Operating lease liabilities (Note 10) 13,404,472 13,010,805
Finance lease liabilities (Note 10) 40,565 67,782
Long-term debt (Note 11) 9,730,478 10,019,301
Business acquisition consideration payable 1,545,805 1,611,637
Other non-current liabilities 9,830,257 8,383,888
TOTAL LIABILITIES 43,260,751 38,818,189
SHAREHOLDERS’ EQUITY    
Subordinate voting common shares, convertible into multiple voting common shares, no par value; unlimited shares authorized; 249,938,980 and 249,738,980 shares issued and outstanding as at June 30, 2026 and December 31, 2025, respectively 61,375,330 62,589,075
Multiple voting common shares, no par value; unlimited shares authorized; nil 0 and nil 0 shares issued and outstanding as at June 30, 2026 and December 31, 2025, respectively
Accumulated other comprehensive loss (121,906) (121,906)
Accumulated deficit (45,959,008) (41,563,955)
Equity attributable to shareholders 15,294,416 20,903,214
Non-controlling interests (Note 22) 6,465,615 3,015,133
TOTAL SHAREHOLDERS’ EQUITY 21,760,031 23,918,347
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 65,020,782 $ 62,736,536