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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 848,189 $ 669,291
Short-term investments 0 192,237
Accounts receivable, net 16,179 13,984
Interest receivable 5,183 10,012
Other receivables 7,227 6,341
Current portion of loans receivable, net 4,875 5,541
Inventory, net 29,182 30,495
Prepaids and other current assets 5,246 5,405
Held-for-sale assets 19,197 0
Total current assets 935,278 933,306
Equity method investments, net 21,226 19,488
Other investments 3,168 35,251
Non-current portion of loans receivable, net 73,165 69,036
Property, plant and equipment, net 36,964 59,468
Right-of-use assets 1,079 1,356
Goodwill 1,024 1,057
Intangible assets, net 19,103 21,078
Other assets 41 45
Total assets 1,091,048 1,140,085
Current liabilities    
Accounts payable 7,840 12,130
Income taxes payable 61 64
Accrued liabilities 23,846 27,736
Current portion of lease obligation 931 994
Derivative liabilities 21 102
Current portion due to non-controlling interests 358 373
Total current liabilities 33,057 41,399
Non-current portion due to non-controlling interests 1,137 1,003
Non-current portion of lease obligation 1,062 1,559
Total liabilities 35,256 43,961
Shareholders’ equity    
Share capital (authorized for issue as of June 30, 2024 and December 31, 2023: unlimited; shares outstanding as of June 30, 2024 and December 31, 2023: 382,280,725 and 381,298,853, respectively) 616,379 613,725
Additional paid-in capital 49,298 48,449
Retained earnings 405,650 416,719
Accumulated other comprehensive gain (loss) (12,013) 20,678
Total equity attributable to shareholders of Cronos Group 1,059,314 1,099,571
Non-controlling interests (3,522) (3,447)
Total shareholders’ equity 1,055,792 1,096,124
Total liabilities and shareholders’ equity $ 1,091,048 $ 1,140,085