v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents [1] $ 326,687 $ 255,535
Accounts receivable, net 3,750 10,497
Inventories 190,830 242,298
Income tax receivable 489 8,458
Prepaid expenses 17,471 18,325
Other current assets 2,290 26,743
Management services agreement receivable, related party $ 21,263 0
Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] Related Party  
Assets associated with discontinued operations $ 0 859
Total current assets 562,780 562,715
Property and equipment, net 592,933 670,441
Right of use assets - operating, net 90,046 108,294
Right of use assets - finance, net 55,743 60,000
Intangible assets, net 335,038 798,365
Goodwill 325,624 483,905
Investment in Harvest 146,071 0
Other assets 10,004 10,471
Long-term assets associated with discontinued operations 0 1,907
TOTAL ASSETS 2,118,239 2,696,098
Current Liabilities:    
Accounts payable and accrued liabilities 68,187 82,658
Deferred revenue 5,914 9,593
Notes payable - current portion 4,239 4,077
Operating lease liabilities - current portion 11,853 13,029
Finance lease liabilities - current portion 10,747 10,703
Construction finance liabilities - current portion 691 2,429
Contingencies 335 780
Liabilities associated with discontinued operations 0 3,676
Total current liabilities 101,966 126,945
Long-Term Liabilities:    
Notes payable, net 88,654 90,839
Private placement notes, net 196,008 136,741
Operating lease liabilities 89,329 107,884
Finance lease liabilities 60,506 64,140
Construction finance liabilities 120,171 133,781
Deferred tax liabilities 55,392 177,993
Uncertain tax position liabilities 625,368 668,375
Other long-term liabilities 9,307 11,449
Long-term liabilities associated with discontinued operations 0 34,942
TOTAL LIABILITIES 1,346,701 1,553,089
Commitments and contingencies (see Note 4)
EQUITY    
Preferred stock, $0.0001 par value per share; 1,000,000,000 shares authorized; none issued and outstanding as of September 30, 2026 and December 31, 2025 0 0
Additional paid-in-capital 2,087,996 2,073,358
Accumulated deficit (1,314,825) (912,125)
Non-controlling interest (1,650) (18,224)
TOTAL EQUITY 771,538 1,143,009
TOTAL LIABILITIES AND EQUITY $ 2,118,239 2,696,098
Common stock, shares issued (in shares) 170,600,000  
Common stock, shares outstanding (in shares) 170,600,000  
Total Common Stock    
EQUITY    
Common stock, value, issued $ 0 $ 0
Common stock, shares issued (in shares) 0 169,313,023
Common stock, shares outstanding (in shares) 0 169,313,023
Common shares, par value (in dollars per share) $ 0 $ 0
Subordinate Voting Shares    
EQUITY    
Common stock, value, issued $ 17 $ 0
Common stock, shares issued (in shares) 170,347,610 0
Common stock, shares outstanding (in shares) 170,347,610 0
Multiple Voting Shares    
EQUITY    
Common stock, value, issued $ 0 $ 0
Common stock, shares issued (in shares) 224,064 0
Common stock, shares outstanding (in shares) 224,064 0
[1]
(1) Excludes discontinued operations, which did not generate cash flows in any period presented.